I have a tendency to paranoia on a bearish tilt. Still, when I see a good company I point it out. I’ve always had a soft spot for Melco.
The decline is relentless. It was in late March that Brean Capital put its reputation on the line and made a bullish call on Macau stocks.
Macau stocks jumped in response to a Brean Capital Buy rating for four casinos in particular: Wynn, Las Vegas Sands, Melco Crown, and MGM.