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+ This pick is a response to an analysis by Ben Scott IV ...

6 pts

Opinion on  Wynn Resorts Ltd (WYNN)     Sector: Services  >  Industry: Casinos & Gaming
Bearish on WYNN ...

Feb 01, 2008 08:50 PM UTC

Possible overvaluation: the P/E ratio is now at a massive 63! Even if the company was capable to meet its profit targets with absolutely no risk, the P/E would still be 35, ripe for a crash. This stock is a pure gamble, and you would get better value in Vegas.
Good Luck,
~~~~Shane Halloran.


WYNN:  This call was made on 02/01/08 @ $116.66
Rating:   Negative   $116.66 (02/01/08)
Closed:   02/05/2008 @ $119.64 (-2.55% in 4 days)


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