Wed 12 Nov 2008
Lesson Learned?
Posted by wdevauld under Uncategorized
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The greatest strength can be obtained from fixing the largest problems. In the usual retrospective look towards our past calls, we find that GGP and LVS have both been called out by our weekly scanner. Looking back at what we were thinking regarding General Growth Properties and Las Veags Sands we can't help but wonder if the aversion to volatility is keeping us from serious gains. Vegas experienced a burning short squeeze, although if you weren't sqeezed out the play, today, you would be profitable. With that in mind, we ran the scan again today, and un-surprisingly didn't find a single long play. The scanner found, disregarding our usual 'no financial' rul, the following short plays:

