Wynn

[alice4321us]

Thanks Ski & NBB

I will wait till 22nd to buy and will seel first thing on 24th.

[New-born baby]

Anybody have an opinion on WYNN here?

Even though it just blasted up I'm thinking higher.

Nice pop, but I would not buy WYNN at this price. One reason is the "Long Tail Up" on the PnF. It is a warning that the stock is setting up for a short.

WYNN has a very bullish chart, but the danger suggests an option play is much safer. And Alice, once that $6 divy is paid, the stock price will adjust South at least $6, and probably $10+.

[skiracer]

They issued $6 dividend for sharholders on record as of 23 Nov payable on Dec 4. Now does that mean if I buy shares of wynn on 22 Nov and hold it for a couple days and sell. I would get 6/share regardless??

I think that 6 divy will bring alot of people like yourself out of the woodwork to buy just for the 6 between now and Nov. 23. That alone will be pushing the price up somewhat but watchout on Nov. 24 after everyone of record has their check because they usually fall afterwards and you might end up paying more initially during the period in front of the divy and getting less for the stock after the divy. It looks attractive at first glance but be careful. I would wait until as close to the date as possible if I were going to make the play. I think you can go right up to the wire.

[alice4321us]

Dividend

They issued $6 dividend for sharholders on record as of 23 Nov payable on Dec 4. Now does that mean if I buy shares of wynn on 22 Nov and hold it for a couple days and sell. I would get 6/share regardless??

This is were it first caught my eye but hindsight is 20/20... http://www.mrmarketishuge.com/showpo...&postcount=275

Anybody have an opinion on WYNN here?

Even though it just blasted up I'm thinking higher.

WYNN has really melted up here and looks very bullish. I don’t buy breakouts but I come up a price target of around 104 longer term. Nice eye as I might see how it acts during a pullback.

[lemonjello]

Anybody have an opinion on WYNN here?

Even though it just blasted up I'm thinking higher.