Thursday, July 17, 2008

MPEL (Melco) = Pure Play on China Macau Gambling

This stock is getting destroyed right now.

Rumors about re: some Hong Kong investors getting margin calls and being forced to sell some positions in various stocks like GFRE.OB as well. I am not touching this stock until it stablizes but it has to get tempting at SOME point.....

http://stockcharts.com/charts/gallery.html?mpel

Dan Ross
http://www.BetterBizIdeas.com

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