LONG LVS! BUY THE DIP!

23 Agu 2021

Earlier this year, Las Vegas Sands sold its Casinos on the Las Vegas Strip, meaning that they now have ZERO base in the United States. HOWEVER, with that being said, even when they had those properties, LVS has made a WHOPPING 80% of their revenue from their locations and operations in Singapore and Macau. These have not being doing well due to those places having heavy Covid-19 restrictions. With this being said, there will come a time that Corona Virus WILL pass, and that time is coming sooner then we believe. With operation warp-speed making inoculations available to practically everyone, this should be a key in the passing of this virus. When this happens, (keep in mind it WILL happen), places such as Singapore and Macau, (Las Vegas Sands MAIN places of operation), will see a RAPID re-opening, thus people will start heading out and about again, and where else but to the casino! (Macau is the worlds LARGEST casino hub) As it stands, LVS is roughly 40% down off of its 52 week high, and is actually the only member of the S&P500 with a loss of over 30% in 2021. With time, I truly believe this company can bounce back, and bounce back HARD, one reason being the end of Corona Virus, another being the fact that they are now trying to tap into the sports gambling industry, a 203 BILLION dollar industry, as well as the fast growing online gaming industry, a 160 BILLION dollar industry. I have bought in at $39.40, and I CANNOT wait to see what this bad boy does. As always, get long, buy the dip, and watch your money grow! This may be wrong, or it may be the buy of a lifetime, the choice is yours. If you DO decide to buy, do so at your OWN risk, as I am far from a professional :)