"But the night is young"
Mark: "How do you know? You don't have clocks in this place."
"Lady luck has been on your side with these chips"
Mark: "No, it's more like a bearded man who insists assets must be inflated at all costs"
"Please come again"
Mark: "Technically I am still here......just half way. Now stop bothering me or I'm headed to Wynn."
I have just sold 50% of Las Vegas Sands (LVS) going into earnings tonight - the stock is elevated, and nowhere near support but it certainly could "Riverbed" in an hour or so. But after buying on a breakout over $33 en masse mid September, I've liquidated here and there along the way but thankfully kept a good portion along the way. I do not wish to give back my 25% gain on those shares so I'm taking half and will put the rest on red. Or black. Wait, no one loses in this casino anymore...
Update 4:20 PM - great results ...34 cents vs 21 estimate. Stock near $45...looks like a Riverbed day tomorrow.
Long Las Vegas Sands in fund; no personal position