Quote:
Originally Posted by Valuist
Up around $18 the past two days. Clear out the noise and reality sets in. The company is a money machine.
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During the Stevie wonderboy mess I picked up a few shares of both WYNN and MGM solely as an arbitrage play.
I am still convinced WYNN eventually gets taken over ... but that's not the point right now.
As you said Valuist, WYNN is a money machine; it still seems slightly overvalued from a metrics point of view.
I am willing to wait and see on how this one plays out. Good luck.
