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Thursday, July 10, 2008

Watch List: Las Vegas Sands (LVS)

The stock fell to its 2 year low 34.01 on Thursday's close.

The after hours trading pushed the stock up to $37.00.

There is a chance that it will open at $35.00 or lower.

If you want to take the risk that this stock will break support again, you can take a short position on it.

But, After Hours data suggests that there was a lot buying going on. Maybe some investors see it as a value play.

Pick your position on the casino business, which also include the hotel business.

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