Las Vegas Sands Turns Red

After running up to nearly $97 a share, Las Vegas Sands (LVS) has given back every penny of gains, and now is in the red on the day. Real time LVS is trading at a last of $92.21 on volume of nearly 3.5 million shares. Today is a perfect example of a market leaning on everyone, regardless of how strong the outlook. Today will be a distribution day reversal for the company.

-- Posted by Blain Reinkensmeyer on November 27, 2006 at 1:08 pm --