Monday, February 12, 2007

MONEY pulled out of HOTEL & INTERNATIONAL STOCKS ...

We bought MPEL in low 19's...sold some over $20....then bought more when it hit a new 52 week low of $18.55.


.
We are extremely confident in the future prospects for MPEL and thus reiterate our BUY RATING. Watch the open tomorrow and BUY ON THE DIP! MPEL 17.45 -1.17 (-6.28%)

Our standard operating procedure is to ENTER a stock, then buy on dips to establish position, but we understand that FUNDS aren't infinite. This will be our last BUY on MPEL.(at least for a while;-)

DIP FOLIO "current position" = $17.98

Now we will hold until THE CROWN opening in Q2.

No comments: