We were not so nice to the Sands the other day. They had been trounced by the market. So today, when they are up 95% on news that the Singapore government will help complete their in-limbo downtown Singapore casino project, well, it makes us all warm and fuzzy inside.
Las Vegas Sands Corp. almost doubled in New York trading after the Singapore government said it was in talks with the casino company to help finish a $4 billion casino project.
Hope you covered your shorts.
Las Vegas Sands Soars After Talks With Singapore Government [Bloomberg]