If I can free up some funds tomorrow,I will be in on this too. Between the above news and the stock being very close to overbought,it should be an easy short.
post #161 of 277
10/25/10 at 12:49am
Way to go Stevie, filing this one after the bell. I am sure your new shareholders that bought the high today are steaming as your offering will be considerably lower than they paid. The shorts will have field day with this as they did with MGM
Hey tip why is wynn doing this?are they short of money? or expecting bad earnings??
"Wynn Resorts, Limited (NASDAQ:WYNN) The owner of Wynn and Encore casinos in Las Vegas and Macau filed with regulators to sell additional shares, taking advantage of a two-year high in the stock price."