Sold Mpel At $11.71 for A Profit of $3,000

Yesterday I have sold Melco Crown Entertainment ("Mpel") for a profit of only $3,000. Initially, I was up by $5,000 but now my realized profit was halved to $3,000. It is a good decision that I have sold it off? This is a question that came on and off in my head after I have sold it. Do I regretted it? Maybe, but there are solid reason for my action. My reasons are:-
1) I cannot afford to lose in any one trade, in other words, I must win 100%.(due to my personal commitment)
2) I was wrong in predicting that Mpel has broke the important resistance at $12.00, in fact the important resistance was not broke, Mpel merely flirted with it for a brief interval.
3) The China Stock Exchange under "SSE" continues to tumble downward with due to news on China Economy slowing down. With today tumbling more than 1.68%. (Please refer to the chart of SSE at the bottom of this post)
4) DJIA has met the important and all time resistance of 12,800 which is at current level. (Please refer to the chart of DJIA at the bottom of this post)

Yesterday closing at $11.66 which lost around 3.44% has prompted me take take immediate action to sell Mpel. I have no choice because Mpel did not move as per my earlier prediction. I have predicted that Mpel will continue to move up ahead after crushing the important resistance at the $12 level. The 1 down long red candlestick is also a very bearish sign. It indicates that Mpel will continue to face more resistance in the coming future. I also believe that the coming earning announcement in Feb 9 which is three days from today, will not be good. If it is good, then Mpel stock will have move up these few days as insider trading will have move the stock upward. If you tell me there is no insider trading in the market, you probably do not understand the wicked world of stock market, my best advise is for you to watch the movie Wall Street "Money Never Sleeps". Insider trading is rampant, I believe Mpel will not be an exception to it.


Now, lets bring Wynn into the picture on why I have sold Mpel.

Firstly, if you would have look at the recent quarterly earning of Wynn, even though, it has crushed analyst prediction by a whopping 20% more, the stock is only up by around 2%, and then go downhill all the way afterward.

By right, if Wynn is beating the analyst estimates with a whopping 20%, Wynn stock should be moving up all the way. However, instead of going up, it is going down. There is definitely something fishy going on here. I believe that the fund manager, stock operators, and block traders know something that we don't know. It may be due to the slowing casino revenue growth in Macau which have yet to be reported. Anyway, it makes me think that what if Mpel reported growth in earning in the coming quarters, but Mpel is going nowhere, just like Wynn. Or to make matter worst, Mpel may report earning below analysts estimates, and it will send the stock down tumbling more than 10%. Either up or down on Mpel quarterly earning, it looks like Mpel stock is not going anywhere but down as per the example from Wynn.

Based on the simple long term chart of DJIA, DJIA has meet the important resistance at the current level. To break this resistance might be a miracle as I believe this long multi years resistance is a tough job to break.

Conclusion:
To wrap things up here, I have sold Mpel for a profit of $3,000 and I wont be regretted by my action even Mpel will continue to move upward after today. In the past, I have always make mistake and lost lots of money due to my greediness of always wanted to make more money. However, sometimes, it is not worth the risk, in this case, for my Mpel trade, it is definitely not worth the risk to hold Mpel for the coming short term, as the overall market is very volatile now, a bad news from Europe of Asia can sent the world stock markets down and the whole world back into recession.

Disclosure:
I have sold all the stock that I have invested in Mpel. I am currently 100% in cash position. I may initiate purchase in Mpel stock once it move down to the strong support at $8.50 level.

Last but not least, I would like to thank the our regular visitors, Dale and Zoozoocracker1@yahoo.com for their kind suggestion and advised on my Mpel trade.

Melco Crown Entertainment to Continue its Second Upward Wave

As of today, I have earned around $5,000 from my trade in Melco Crown Entertainment ("Mpel") stock. So what should I do now after earning $5,000? Should I realized my gain and then head to Amazon website and pick up few more Invicta Diver and Speedway watches? One of my regular visitor to this blog - Dale, have asked why I sold my MGM stock and bought Mpel, wouldn't it be more profitable if I would have stayed with my MGM investment? One question after another, looks like there are never ending questions with no one accurate answer to them. In my today's post I will answer all the hard questions above.

So far I am dead right predicting on the every move on Mpel based on my previous few posts on Mpel. Am I a god or a genius, I am none of both. I am just a regularly trader who is trying to make some money in my Mpel trade. I am a regular guy just like you, my loyal blog reader. You too can earn the easy money and predict the movement of Mpel as accurate as me and even beat me.

I have visited Macau in 2009, when I visited at that time, the City of Dream by Mpel is still in the opening stage. There are not many people there at that time. Now, I believe things have took a turned in City of Dream, the last time I have checked the news on City of Dream, people are flocking there like nobody business, it is now pact with people. What a nicely taken picture above. With its business 100% focus in the strong Macau growth, I believe Mpel is indeed the future.
 

 Based on the short term chart, Mpel has already broke the important resistance of $12. Both my favorite important indicators are showing a fresh upward signal for Mpel. Initially, both indicators have started to point downward movement for Mpel, however, in the latest few days closing, both the technical indicators have changed and now it points to a fresh upward move for Mpel. Please refer to my highlighted red circle as per the above chart. Also, the huge volume on the 2 volume indicators have been absorbed without any problem.

Based on the long term chart, I am predicting that Mpel will 3 upward wave to the year long resistance of $16. After the 3 waves, then we will decided what is next as I will be analyzing the chart at that future point in time. We are currently in the beginning of the 2nd upward trend which will take Mpel to the $14 level and then consolidate slightly and being the next wave which will take Mpel to the $16 level.

However, all these can change if the next quarterly on the Feb 9, 2012. On Feb 9, 2012, I believe this stock will have either tumble or jump forward after the earning release. For those who have insider information, I believe earning at least 10% is not a problem. I do not have insider information on Mpel, what I have is my skill to correctly predict Mpel daily stock movement.

Another important news that concerned me a lot is that on Jan 31, 2012, some analyst reported that Mpel has lose market share of around 2% in January. I do not know whether the news is true or not, and I do not know to what extend this news will impact the stock price on the quarterly earning release on Feb 9, 2012. However, I believe that Mpel will not have a high impact because the Mpel eventually recover back around 7% after this unfortunate news.

Well as for my reader Dale, the reason I have shifted all my investment from MGM into Mpel is because of the following:
1) MGM is a very risky stock with high debt position, any negative news on its debt position will easily make MGM to tumble 10% or more.
2) Even though MGM business is turning around with high revenue growth reported quarter over quarter, MGM is currently still making losses until based on analyst estimates it is does not make profit even until 2013.
3) I have relied on my technical analysis skill, however, I still do not ignore my fundamental analysis as I believe, fundamental analysis such as the financial statements of the stock will impact the long term movement of the price. It will definitely affect the long term trend of the stocks.

Even though I am deeply saddened by my move from MGM to Mpel, as of current I have earned less around 3-4% or around $3,000-$4,000 more from my shift, however, I have not regretted my move as I believe, in the coming future, Mpel can easily overtake MGM in price. Also, by selling MGM, I have managed to scoop up more stock in Mpel as at the point in time, MGM stock price is more higher than Mpel price.

The important date that I am now curiously waiting for is Feb 9, 2012, as it will be a very date where it will move the stock price up as predicted in this posting.
However, if I am wrong, I believe, that Mpel in the long run is still a viable and good stock to be heavily invested into.

Disclosure: Currently I am all invested Mpel stock, I have invested every single penny that I have in Mpel. Therefore, currently I do not longer hold any cash position and I intend to go through this month expenses through my credit card.  I am also expecting that all the prediction in this post about Mpel stock price will come true.


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Melco Crown Entertainment Announces Earnings Release Date

NEW YORK, Feb 1, 2012 (GlobeNewswire via COMTEX) -- Melco Crown Entertainment Limited (sehk:6883) /quotes/zigman/104187/quotes/nls/mpel MPEL -0.37% , a developer and owner of casino gaming and entertainment resort facilities focused on the Macau market, today announces that it will file its fourth quarter and full year results for 2011 on Form 6-K with the U.S. Securities and Exchange Commission on February 9, 2012, to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Hong Kong Time). 

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Melco Crown Leads Casino Stock Declines: Hong Kong Mover

January 31, 2012, 7:20 PM EST

 

By Vinicy Chan

Jan. 31 (Bloomberg) -- Melco Crown Entertainment Ltd., the casino venture between Lawrence Ho and Australian billionaire James Packer, dropped the most in seven weeks, leading gambling stock declines in Hong Kong trading.

Melco Crown slid as much as 5.6 percent to HK$28.10, the biggest intraday drop since Dec. 9, before trading at HK$28.20 as of the 12 p.m. local time trading break. Rivals Wynn Macau Ltd., a unit of Las-Vegas based Wynn Resorts Ltd., sank 4.8 percent to HK$19.7, and SJM Holdings Ltd. declined 3.3 percent to HK$13.32.

“Melco Crown is losing market share to competitors; its market share in January is expected to drop by up to 2 percentage points on a monthly basis which may explain why it is leading the decline,” said Victor Yip, a Hong Kong-based analyst at UOB Kay Hian Ltd. Lawrence Ho is the son of Macau casino billionaire Stanley Ho.

Total gaming revenue for all Macau casino operators in January may be less robust than earlier estimates of as much as 28 billion patacas ($3.5 billion), Yip said. Melco Crown’s market share may drop to 12 percent in January from 14 percent in December, he said.

“Through our various channel checks, the revenue is expected to reach roughly 24 billion patacas,” Yip said.

Sands China Ltd., a unit of Las Vegas Sands Corp., said on Jan. 30 that visitors to its Macau casinos rose by 5 percent to 6 percent to more than 1 million during the Lunar New Year that took place between Jan. 23 and Jan. 29.

Sands China shares dipped 2.8 percent to HK$26.1. The stock has jumped 19 percent this year, outperforming the 10 percent gain in the Hong Kong benchmark Hang Seng Index.

Galaxy Entertainment Group, the company controlled by Hong Kong tycoon Lui Che-Woo, dropped 1.5 percent to HK$16.80.

--Editors: Stephanie Wong, Robert Fenner
--Editors: Stephanie Wong, Robert Fenner

Source (from Bloomberg website)

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Melco Crown Entertainment Must Rally Today! Feb 1, 2012

This morning, Feb 1, 2012, Melco Crown ("MPEL") must continue it's upward rally otherwise, my investment will be futile.

There are 2  strong and valid reasons that I believe MPEL will up at least 3% today.
1st Reason: Mpel yesterday closing candlestick is showing a bullish harami pattern.
2nd Reason: This morning at 3.41 am, Bloomberg News just reported that Macau Revenue For January 2012 rises 35%. (The details of the news are per the below post)

Yesterday, I am glad that Mpel perform as per my expectation. If yesterday, Mpel continues to go down, then I will be in deep trouble. The past 2 days tumbled of more than 6% is to shake off the weak investor and for the heavy speculators to cover the long position.
I believe a new really and new uptrend will happen this morning. For a new investor, he or she would have sold his position when Mpel tumbled more than 6%, however, as for me, instead of selling my stock in Mpel, I buy another 200 stock of Mpel at the price of $11.13. I have used my emtire January salary to buy the 200 stock and now I am left with nothing to spend for February while waiting for my new salary. Is it worth the risk and the trouble. Yes! It is worth everything as I believe Mpel will continues to outperform in the market. For the near short term, it will match the price of MGM at $13.00 as I don't believe MGM should worth more than Mpel.
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 (Bullish Harami Explanation from Investopedia Website)

I have added another 200 stock yesterday, my total stock for Mpel currently stand at 6000.

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Disclosure: Currently I have zero money in my Bank Account as I am using it all to purchase Mpel. I am thinking to use my credit card to help me go through my Feb expenses. I am currently heavily invested in Mpel stock of 6000 and I am expecting Mpel to rally to $15 in the near future and to $20 for a 90% gain by the end of this year. However, in between now and end of this year, I may sell and buy Mpel as I am an experience swing trader.

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Macau January Casino Revenue Rises 35% on New Year Gains

February 01, 2012, 3:21 AM EST

By Vinicy Chan

Feb. 1 (Bloomberg) -- Casino revenue in Macau, the world’s largest gambling hub, rose 35 percent in January, beating analyst estimates as Chinese tourists spent more during the Lunar New Year holiday.

Revenue at casinos in Macau, the only place in China where they are legal, jumped 35 percent to 25 billion patacas ($3.13 billion) in January, according to data from Macau’s Gaming Inspection and Coordination Bureau. That was higher than the median estimate of 24 billion patacas from seven analysts surveyed by Bloomberg News.

Chinese gamblers have fueled growth in the former Portuguese colony, where gambling sales have more than tripled in the past four years. Las Vegas Sands Corp., the world’s biggest casino company by market value, generated 60 percent of its revenue in Macau in 2010 after opening its first location in the city in 2004.

Visitors to locations belonging to Sands China Ltd., Asia’s biggest casino operator by market value, rose by 5 percent to 6 percent to more than 1 million during the Lunar New Year holiday from Jan. 23 to Jan. 29, the company said on Jan. 30.

Sands China, the Hong Kong-listed unit of billionaire Sheldon Adelson’s Las Vegas-based company, climbed 1.3 percent to HK$26.60 in Hong Kong trading at 3:26 p.m. local time. SJM Holdings Ltd., Asia’s biggest casino company founded by billionaire Stanley Ho, gained 1.9 percent to HK$14.14.

MGM China Holdings Ltd. fell 0.2 percent, Galaxy Entertainment Group Ltd. jumped 2.5 percent, Wynn Macau Ltd. gained 1.9 percent and Melco Crown Entertainment Ltd. moved 0.2 percent higher. The benchmark Hang Seng Index dipped 0.5 percent.

--Editors: Anjali Cordeiro, Stephanie Wong

Melco Crown Entertainment, Should I Cut My Losses Now?

Update after market close:

Terrible day, Mpel down a whopping 7.42% at $10.85. However, I still believe that over the long run Mpel will test it long term resistance at $16 to form a double bottom.

Based on the after market analysis of Mpel, I believe that Mpel will have another 1 day of consolidation before it will start moving up again. The immediate support level which is at the mid of Bollinger Band now  is very important to determine the future price of this stock. If this support fail, then Mpel might be going down even more to the previously resistance turn support at the $10.30 level. I no longer have any capital in hand, if I have, I definetely show hand to scoop as many stock as possible which it is still attractively price. i believe that the whopping crushing of Mpel yesterday is to shake off the weak player or the contra player our of this stock before it continues its run up ahead. This is a very crucial time at this moment because the decision that I will make in the next couples of day will resulted in me earning few thousands more or few thousands less. At this point in time, I really can't afford to lose and I did not have the intention to give in and cut loss for this trade.

Disclosure: I have not sold Mpel on today's tumbling, I am still holding on tightly to this stock. As of now, i can only rely on O Mighty God to have mercy on me. May god have mercy on me! God bless!

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It is a very terrible day for me!

It is unbelievable, at first I was up by 4%-6% now I am down by 3-4%, all this action happened in just a matter of 2 days infact. It is indeed a wild ride and not for the faint hearted. As I have mentioned in my previous post, I cannot afford to lose money now as I have personal commitment to fulfill into. This is a really bad day for me. I enter Mpel at the price of $11.25 and now the price is $10.81 with roughly a 3% lost. Now the biggest question is should I cut my losses now or should I wait for the rebound? If I were to wait for the rebound, I might be getting myself in deep water as Mpel might continues it's ride down. If I cut my losses now, I will lose around $3,000. At this point in time, I can't afford to lose money.



But thankfully to my many years of experience in trading this wild market has make me into a calmer and wiser person.
Based on the technical analysis, the uptrend is still intact. I believe today big down is the work of the stock operators to scare away the speculators who are long in this stock. The speculators will take this opportunity to cover their long position before the next uptrent to continue. Afterall, this stock has been moving from the low of $8.80 to the current level of %11.80 (an increase of 34%) before today correction bring it down to the $10.70 level (huge drop of 8.5%).

I did not expect a big sudden drop in a day as I do not have any chance at all to sell since the Mpel started trading this morning. If I choose to cut loss now, then it is definetely a loss for me. However, I am a swing trader and I believe that the current swing for Mpel is still up.

It is indeed a terrible day for me, at this point in time, I do not have any choice but continue to ride this stock as I believe that the current rally for MPEL is not over yet.

Melco Crown Entertainment Take Profit or Let Profit Run?

I am currently having a dilemma and in a difficult situation where the decision that I make next will decide whether I will have another few thousand or ten over thousand. As of the closing price of $11.72 last friday, I am not up by 4.18% and making around $2,726. If I am not wise or careful in my next decision, I will not only lost my gain but I will lose my capital as well. Therefore, I now need to make a very important detail analysis on the next movement for Melco Crown Entertainment (MPEL). I must not be wrong on this one, as I need to make more capital gain for personal reason.

Based on the chart above, this stock might be heading towards the resistance of $16 or the support of $8.5. If somebody out there who can give me an accurate 100% answer, then it will solve my dilemma and my worry for this weekend. But I believe only god can give me an answer, not even Warren Buffet or Albert Einstein. I am particularly worry about the Stochastic signal which point to a very negative movement for MPEL. It is showing that both lines appear to meet at the top and moving downward for consolidation as it is currently overbought. Based on my experience, I would say that at least 60% of the time, stochastic proved to be a realiable signal to point the future movement of the stock.

As for the close up candlestick analysis, it is showing an important consolidation pattern for MPEL. The next 2 or 3 candlesticks is very important as it will determine whether MPEL is actually in the consolidation and will move up afterward, or it will lead MPEL to the start of a correction downtrend which will bring the stock to the $8.50 support level.
However, based on the MPEL current candlestick chart pattern which resemble the bullish mat hold, MPEL will be in the small correction mode for another 2 days, before it will convincingly lead another round of rally to push it above the $12 level.

Based on my knowledge and experience trading the NYSE and NASDAQ, I am very convinced that the current rally is not over yet. DJIA still have more room to grow. Over the long term, I believe that MPEL will continue its upward rise to test the resistance of $16 and will eventually surpass it and move to the new high. My prediction is not solely based on the technical analysis but fundamental as well. The casino business for MPEL in China continues to grow quarter over quarter and no one really knows how lond this growth may continue. As the whole China is a very big market and more people are getting richer and the chinese people really like to gamble and treat it as their favorite pass time. Until their is a concrete evidence pointing to a real slowdown in MPEL such as the decrease in the quarterly revenue, I believe that MPEL will continue its upward move to the next unseen level.

Disclosure: I am currently show hand in MPEL and have invested every single penny that I have in MPEL. I am also expecting at least a 10% profit for this stock in the coming future and no planning to cut my profit in the coming next 2 trades.

What Now for Cisco?

 I have traded Cisco stock for several times now. I have made some money and lost some on this stock. For those who are invested in this stock, I hope that my brief analysis in this post will be able to help you in your decision making on whether to buy more or take profit for this stock.

Cisco has been moving upward aggresively since Aug 2011 at around $14 to the current level of $20. It is a whopping 40% gain. To me it is a huge gain and profit taking, long covering and consolidation for this stock look inevitable.
Based on the long term chart, Cisco has broken the downward range trading and is now going into a smooth uptrend move. I believe this uptrend move might be a long term one, however, a meaningful consolidation for this stock is a must for this stock to continue its uptrend strongly.

Based on the short term chart, it appears that Cisco is moving into a consolidation move with the short term target at $17.20. I believe the $17.20 is a strong support level for Cisco and one should plan an entry at this level if you are interested to go into this stock.
My target for Cisco at $17.20 is well supported by 2 important technical indicators which is the MACD and Stochastic, both are currently showing an overbought position for Cisco and both indicators are showing the blue line is moving downward to consolidate.

Based on the earning analysis for Cisco, it looks great in both quarterly and yearly growth. With the EPS of $1.77 for 2012, Csco is currently trading at slight above the PE ratio of 10. It is a very good PE ratio for a stable and a slow but strong revenue growth company.

Even though the earning growth for Cisco is a slow one, but it is a good fundamental company to invest in for a long run especially with the hugh cash in hand.

Disclosure:
I have no positions in Cisco and do not intend to trade Cisco in the coming future as I am currently show hand in Melco Crown (MPEL).

Melco Crown Entertainment (MPEL) Rally to Continue!

Happy Chinese New Year! Greeting from the The Market Oracle!

 The Majestic Development from Melco Crown in Cotai

After my first encounter with MPEL last year, I have recently reenter MPEL. The reasons I am making the decision to reenter MPEL is overall the world markets especially for the US Market are improving, the never ending revenue growth in Macau, increasing Earning Per Share (EPS) and the tecnical and fundamental analysis as per this post. Based on long term chart above, MPEL has recently broken the long term down trend line. The MACD indicator is currently pointing a further upward move for MPEL and it is currently not oversold yet. The stochastic on the other hand is showing a slightly overbought position and a negative downtrend for this stock.

MPEL current formation is similar to the Descending Triangle Formation as the above. Even though, the chances is high for MPEL to follow the rules of Descending Triangle Formation and head lower after the consolidation, I am betting it will go the opposite way instead.

Based on the short term chart analysis, I am predicting that Mpel will retest the previous high of $16 and possibly to move higher after that. As of current, most of the technical indicators is pointing to an upward move for this stock, except for stochastic which shows an overbought position for this stock. One thing that I am concerned is the low volume in the rise up which means that the upward move is not strong. For the rally to be strong, we need a strong volume to justify it.

Quarterly data shown a strong improvement quarter over quarter. I am expecting the next quarter revenue will be even higher especially the Lunar New Year will bring all the gambler to speculate crazily.

Disclosure: I am currently all in at $11.25 with a total stocks of 5,800 and I am expecting a profit of 20%-30% at least for this trade.

MGM International to Double In 2012

 The Majestic MGM City Center in Los Angeles

 The Front Entrance View of City Center in Las Vegas

Well it has been more than 7 months since my last analysis on March, 2011. Well, I am back now, and this time, I am going to analyze MGM International. The title for this post may be a little too much as, I believe, it is indeed very tough for MGM to double in price for 2012. The title is indeed to catch your attention for it. However, I am determine to speculate MGM stock based on the range trading from $9 to $16.

Based on the long term chart, MGM is currently showing a side way trend with price ranging from the resistance at $16 and the support $9. As can be seen from the chart above, MGM has tried 3 attempt to break the upward resistance of $16 but failed miserably. For those who are in this for a long term and expect price to double or quadruple, I will suggest to go in if it manage to break the resistance $16 level and the $16 level became a support. Based on the above chart, for the short term, I am expecting MGM to retest the resistance at $16. Going in at current price of around $10-$11, one is expecting to make more than 40% it can climb up and test the resistance of $16. Both MACD and Stochastic indicators do not really show any major meaning for MGM next movement.

 As per the short term chart indication, it looks very positive. I am particularly very interested in the candlestick formation as per the red circle above. For me, I name it "staircase" pattern which is very strong upward indication in the short run. I have seen many candlestick pattern such as that above and 90% of the time, the stocks will continue its upward movement.

Based on the MACD indication, it does indicates that MGM will continue its upward move as it is currently still way below the overbought level.

As per the stochastic indicator, it does show a little negative view as it touches the 80% line above which indicates a slight overbought situation. However, as long as the blue line did not cross below the red line and both line moving downward, it is still an upward trend for me.

As for the volume indication during the last 4 days, I particularly like the strong upward push in high volume as per shown on the arrow in the above chart, which is then follow by 3 low volume indication. It means that the upward push is currently consolidating with low volume for 3 days, before another upward push with strong volume to prevail.

 

 Extract from CNBC

As from the Sales Revenue for MGM for the last quarter, I am very please as it does show a big jump from $1.8 billion to $2.2 billion. It looks superbly good to me. If MGM can continue to show Sales Revenue increased as per the last quarter, I am very convince that MGM stock price will not only double but quadruple. Even though MGM still shown a negative 25 cents per share, I am convince that it will break even or turn to profit, if the magnificent performance for MGM to continue.

For the market news on this stock, I have few articles and analyst upgrade for this stock. This is also one of the reason which prompted me to go and bought around 70% of my cash holding in this stock. Most of the news indicated that MGM is currently turning around with substantial growth in revenue for the coming months. MGM largest investment in City Center Las Vegas has also started to bear fruit with increasing RevPAR ("Revenue Per Available Room") improve tremendously. Other analyst pointed that the Jewel of the Crown business in Macau is also performing very well and also manage to increase its revenue percentage as compared with competitors such as LVS, Melco Crown, and Wynn. It means that it is actually stealing more and more customer from its competitors which is a very positive indication for MGM stocks.

I have bought MGM International at an average price of around $10.70. I am expecting MGM to move at least to $14 before it starts to consolidate and then we should decide again based on the chart at the point in time. 

For those who want to follow me and bet on this stock. You can go in at any price below $11 for a short term gain of around 25% at least.

Although I am not from any licensed brokerage firm or famous analyst in the top financial firms, but I am confidence that I will make profit this time on MGM. I did not receive a single cents or goodies from anybody, unlike those licensed brokerage or analyst out there, I am analyzing this stock MGM International purely based on my fate and believe on my many years of investing in the ever turbulence stock market world.

Follow as you wish. Last but not least, Happy New Year and good luck on trading. May you double your profit for 2012. All the best!!!!!!

3 Reasons to Buy Melco Crown Entertainment Today

By Dave Mock

Historically, tumultuous times offer some of the best opportunities to buy stocks, and the market's recent mess surely qualifies. And though Chinese casino operator Melco Crown Entertainment (Nasdaq: MPEL) is still struggling to recover from the recession, many investors expect better times ahead.

In our Motley Fool CAPS community, about 96% of the 1,293 investors rating the company are bullish, so there's no shortage of reasons why Melco Crown Entertainment will thrive, three of which I've highlighted below.

But here at The Motley Fool, we're all for looking at both the good and bad sides of an investment. Once you're done with this article, you can read the case against the stock, weigh in with your own comments below, or rate Melco Crown Entertainment yourself in CAPS.

1. Macau pure play

Many CAPS members think Melco Crown Entertainment is the best way to capture growth potential in the hot gaming destination of Macau. With China's growing middle class potentially bringing more business to Macau and with Melco seeing things taking shape at its massive new City of Dreams casino, some investors believe the company is sitting in a unique position to tap into a big, growing gaming business in the region.

2. Macau the new Las Vegas

Bally Technologies (NYSE: BYI) is seeing sluggish gaming equipment sales, and a weak Las Vegas market is still pressuring casino operators like Boyd Gaming (NYSE: BYD), who recently reported shrinking margins. While other U.S. focused companies like Penn National Gaming (Nasdaq: PENN) are slowly seeing improvement, Macau has seen strong growth this year. After posting record revenue figures in May, the Chinese gambling center recorded a 40% jump in August revenue compared with last year, and many CAPS members like Melco's advantaged position in the market.

3. Moving up the ranks

While MGM Resorts' (NYSE: MGM) MGM Macau holds the smallest market share of the six casino license holder in Macau, Melco Crown gained enough market share in July to edge out Wynn Resorts' (Nasdaq: WYNN) Wynn Macau and move up to the No. 3 spot behind Las Vegas Sands' (NYSE: LVS) Sands China and SJM Holdings. Investors like Melco's improving mindshare with big gamers.

3 Reasons to Sell Melco Crown Entertainment Today

By Dave Mock | More Articles

Acting on panic never helps investors, but it's still a good idea to question why you're really buying individual investments.

Consider Macau casino operator Melco Crown Entertainment (Nasdaq: MPEL). Though the Chinese gaming market continues to be hot, you'll find a few of the 1,293 Motley Fool CAPS members weighing in on the company offer reasons to be bearish.

Here at The Motley Fool, we like to consider both the good and bad sides of an investment, so in this article, so I'm highlighting three of the main bearish arguments on Melco Crown Entertainment today. Be sure to read the bullish side as well, and then weigh in with your own comments below or rate Melco Crown Entertainment inCAPS.                                          

1. Racking up losses

While U.S.-based casino operators like Pinnacle Entertainment (NYSE: PNK) and Isle of Capri Casinos (Nasdaq: ISLE) are still feeling the squeeze of the U.S. economy, one would think that the amazing growth in the strong Macau market would have Melco Crown swimming in cash, but investors are hard-pressed to find a quarterly profit at any time in the recent past. And with the company's City of Dreams and Altira Macau casinos underperforming peers such as the Venetian and Wynn Macau, some investors are concerned about its ability to hold up to competition.

2. Financial risk

Although Melco Crown Entertainment's balance sheet is more conservative than those of its debt-laden peers MGM Resorts (NYSE: MGM) or Las Vegas Sands (NYSE: LVS), some investors prefer a lower debt load than what Melco holds. Coupled with a lack of reported free cash flow, some investors see too much risk.

3. China's tightening policies

VIP business makes up a big portion of Macau's business and any weakness in the segment will undoubtedly hamper revenues of Melco and peers like Las Vegas Sands. Although Chinese travel companies like Universal Travel Group (NYSE: UTA) and Ctrip.com (Nasdaq: CTRP) are benefiting from the rapid growth in tourism with Chinese consumers, some investors and analysts fear the Chinese government's tightening of monetary policies could keep wealthy gamblers away from Macau or lead them to trim their gambling budgets.

Melco Crown Entertainment a Winner!

Casino Stocks Winners: MGM, Melco

By Jeanine Poggi

NEW YORK (TheStreet) -- Casino stocks are making an attractive bet Monday morning, following upbeat news within the sector.

Macau reported a 40% jump in gaming revenue in September to $1.91 billion. These results fall about in-line to slightly above analysts' expectations, but were down 3% month-over-month.

Historically, September gaming revenue has lagged August by about 10%. Since it is only off 3% this year, it should be viewed as a positive, Sterne Agee analyst David Bain wrote in a note.

Wynn Resorts(WYNN_) benefited from a stronger hold percentage in late September, boosting its market share to 12% for the month from 10%, according to a Wells Fargo note. Wynn has gotten off to a strong start in October, holding well through the first week of Golden Week, analyst Carlos Santarelli wrote in a note.

Las Vegas Sands reported a 19% market share for the month, Melco Crown Entertainment(MPEL_) a 16%, Galaxy 12% and MGM Resorts(MGM_) 10%.

Bain says Melco was the biggest beneficiary of the month, as the company is averaging a 16.5% market share for the quarter, compared with a 13.5% market share in the second quarter.

As a result, Melco is among the biggest gainers, rising 5.3% to $5.35 in morning trading.

Santarelli forecasts October gaming revenue will surge 38.4% year-over-year in October. Bain is thinking even bigger, expecting October results will hit an all-time monthly high of $2.15 billion, receiving a boost from Golden Week, which is a seven-day holiday that started on Oct. 1. Casinos with a bigger mass-market gaming base, like Las Vegas Sands, should benefit from the holiday, Bain wrote.

According to Bain's checks, Wynn Macau was sold out through Oct. 9.

Shares of Las Vegas Sands are increasing 1.5% to $35.72, while Wynn is up 3.2% to $89.88

Elsewhere in the casino sector, MGM announced Monday morning that it obtained an amendment to its $1.8 billion senior secured credit facility for mechanics' liens on its CityCenter development. Under the agreement, these liens can exist through Dec. 31, 2010, prior to reduction in the allowable limit.

The total amount of mechanics liens as of Sept. 30 was $424 million, down from $494 million on June 30.

"While we sense this amendment was anticipated by investors, we do believe it will remove an overhand on shares in the near term, and as such, we would expect shares to respond favorably to this morning's announcement," Santarelli wrote in a note.

MGM's stock is advancing 1.2% to $11.33 in morning trading.

--Written by Jeanine Poggi in New York.