WYNN Investors Losing
On Friday May 16th John Kosar appeared on the Trading Nation segment of CNBC’s Street Signs with host Brian Sullivan to discuss the future prospects for Wynn Resorts, Ltd. (WYNN).
With the stock trading at $107.50 per share, John called for an initial 4% decline to $103.00.
WYNN met John’s $103.00 downside target less then 2 weeks later, on May 27th.
Click the image below to view the video.