WYNN - Wynn Casinos, casinos in Vegas closed due to coronavirus. Casinos in Macau have reopened. +peratio
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Covered puts - November 2019 - sold Wynn puts at 112, reported terrible earnings but the stock went from 124 to 127 the next day. Sold Booking.com BKNG covered puts at 1785. The stock was down 100 points due to poor earnings from Expedia. Spending on search through Google affected Expedia's earnings. Priceline does not need Google for advertising. Priceline is owned by Booking.com and reported solid earnings. The put expired worthless.
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February 2020 - LVS Las Vegas Sands has rebounded to $67. Currently, the coronavirus is a concern about cutting travel to Macau. Wynn reported a bad quarter. Private equity company stocks have done very well in the last two years including Blackstone Group BX, Appolo Global Management APO, and Carlyle Group CG. They buy up some of the better small cap and mid cap stocks and take them private leaving the private equity stock as the only way to gain exposure to the profit from these deals. They are also involved in many small cap ventures with potentially large profits. The news streams from following these companies is also a good way to keep track of up and coming companies. #stocks
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WYNN - Wynn Casinos, casinos in Vegas closed due to coronavirus. Casinos in Macau have reopened. +peratio
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