While it often pays to follows where the family invests, Melco is trading too tight for what is a simple holdco structure. If in, I'd unwind here. If not in, I'd look to short Melco, long MCLO.
What is covered in the Full Insight:
Lawrence Ho's recent purchase in Melco
Macau's recent gaming figures
Performance comparison with gaming peers
Price performance of Melco and MCLO
Short interest and market share analysis
SUMMARY
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