The Capitalist Newsletter – December 9, 2016
TRUMP TAPS HARDEE’S CEO AS SECRETARY OF LABOR; CAUSES OUTRAGE AMONG MANY WORKERS
Winners & Losers
– Majesco Entertainment Co. (COOL) Surges UP (63.61%) After Announcing Merger with PolarityTE, Inc.
– Las Vegas Sands, Co. (LVS) Tumbles DOWN (12.78%) After Macau Crackdown Limits Amount of Cash Gamblers Can Take Out
Most Talked About
Majesco Entertainment Company (COOL) a Majority Strong Buy After Announcing Merger with PolarityTE, Inc.
The TIP Sheets
– Thursday, December 8th
– Casino Companies as a Whole Are Down After Macau Crackdown Limits Amount of Cash Gamblers Can Take Out From ATMs. For Example, MGM Resorts Intl. (MGM) is DOWN (4.34%), and Las Vegas Sands (LVS) is DOWN (12.78%). Expect Shares to Bounce Back UP
– Lululemon Athletica, Inc. (LULU) Jumps UP (15.04%) on 16.5m Shares Traded After Blowing by Earnings Estimates and Raising Guidance. Paired with an Analyst Upgrade, Look For Shares to Continue UP