C’mon, Sheldon. How about a few more coins for the Newtster?
What’s your point?
However, "the time to buy is when there's blood in the streets." Perhaps Mr. Sheldon is a great contrarian,
Of note in Spain, you can't walk away from a mortgage, ever. The debt follows you around forever if not paid off. That is one of the reason, I doubt there will be any recovery anytime soon there. I don't know if companies are treated differently, but if the casino does go tits up.
Yeah, that’s what Spain needs: 36,000 more hotel beds. And since unemployment is only 25+%, and the mean income of those who do have a job about 20k euros, it’s obvious that the Spanish with all that extra money they don’t know what to do with will flock to those casinos!
Left this rather pertinent bit out of your post.
This group is diversified in its holdings.