Posted on April 2, 2023
It doesn’t matter what happens on a single day of trading.
What’s more important is the overall trading pattern.
Wynn Resorts popped higher yesterday on no good news, and with unimpressive volume.
And that means just one thing—she still ain’t no good.
As you know, WYNN is about gambling.
And as you may also know, every gambler eventually ends up broke.
So let’s take a quick look at this overhyped, worthless piece of glitz-biz.
What about earnings and sales?
Why in the world would anyone hang on to this stack of bricks?
May it be His will.
Many happy returns!