a macao oriented stock such as a las vegas sands or a wynn or an mgm? >> you know what, macao. i think the data is still with the macao names for sure. i'm telling you, people will continue to fight against its. people will continue to chase. i think it gets wynn to 100 bucks. an 18% move. >> and the option agrees with guy by bay. they had bought at mgm, but vegas sands and wynn, they were going up to the 95 strike. i have been in wynn since december. i continue to be in it. i've tried to trim along the way as well. trying to be disciplined but i think the thing gets close to 100. >> a quirky tax thing, i don't think wynn can sell for another six months. >> i don't think he'll ever sell. >> i don't think he can at all. >>> the secret sign that stocks can be setting up for the bigger rally. we'll tell you what that is and why it's signaling that now is a perfect time to buy. >>> plus, the street senses blood and they're targeting ackman. the trade that could reveal more pain when "fast money" returns. >>> welcome back to "fast money." big rally on the street today to kick off th

they have major expo sure to macao, the chinese laugh. used to enfuego until they were cracking down on corruption. you can see that in wynn. it roared from less than $20 in march of 2009 up to $242 at its peak. hallelujah >> almost two years ago. in fact from late july 2012 through march of 2014 wynn guay you a 170% gain. since then, sadly, it's been all downhill. [ house of pain ] >> once maca u-turned down wynn's stock got taken to the wood shed, plunging down to 148 by the end of 2014 and plummeting by a staggering 53% just $69. >> the wasn't the end. 2016 was brutal. the stock hitting multi year lows of just under $50. down roughly 80% from its 2014 highs. wynn appears to have gotten its groove back. the stock shot up to 82 and change as of today. up 65% from the january lows. that beg it is question. is this turn around for real or was it an over sold bounce? to understand where wynn is now you have to understand how the company got here. in short you need to know the story of the rise and fall and potential rise again of wynn resor

we are finally seeing a turn around in macao after two years of hideous numbers. the business looks better going forward. but wynn is back to the point it's now at 19 times next year's earnings estimates. the multiple could be lower if wynn can pull off a turn around and deliver higher than expected earnings. the stock rallied in two weeks. if you buy here you are chasinging. and we don't chase on "mad money." we have seen wynn resorts rise and fall based on strength and waengness in macau. i think wynn stock is headed higher not lower. you have to be smart about this which is why i suggest waiting for the next big market wide pull back. not a casino but a market wide using it to buy wynn into weakness. wynn. i bet he show use why going forward. remember to wait for a better entry point before you pull the trigger. the man and the casino have their mojo back. another downtown from the fed. wynn. what a great place to be. [ buy, buy, buy ] >> jacob in north carolina. jacob. >> caller: boo-yah, jim. >> boo-yah. >> caller: thanks forring is me on the show. >> i'm thr

macao nature ark. pnature center where you can find pand learn about these incredible pbirds of prey that do call our parea home. atrick, are you in charge of pthese p>> i run the program, director pof program that involves all the pbirds yes, sir. pi'm fascinated when i think of pan owl i think of great horned powl. pthat is our traditional hoot, phoot owl. p>> frank, basically let me reface by what i'm saying all pbirds in the program have come pto us because they have hurt or pinjured or for one reason or panother cannot go back to the pwild. pfranklin's case. pfranklin broke a wing, was pfound, taken to busch gardens. pthey put a rod in the wing to pfix it. punfortunately, it didn't heal or pset properly so his wing droops phe's unable to fly. pthey are not most common of the powls found here. pactually the barred owl is more pcommon owl p>> hoot, hoot. pyou sounded that was actually pfranklin. pthat was franklin. pfranklin is liking to talk. phe thinks being on television is pa good idea. pyeah. p

p>>> hi ecuador i'm charley pbelcher coming to you from a pgeorge c macao nature park right phere in at heart of largo. pnarrows nature center is name of pthe nature center here that phouses some incredible birds of rey that have been injured no plonger released in wild and they pserve a great educational pambassadors. pwe're just one 46th on the way pout to the atwater. pit's hard to believe patrick, pthat this place exists. pso close to such humanity. pwe have to have a green space. p>> yes. pthis is green space. pthis is where you can come and pwalk in and enjoy nature. pa mile of trails. pyou've got a turtles over there pthauk ahead. pso much to just explore and get paway from it all. pyou're still close it all pintercoastal. pyou know. pand it's free. pit's free. p>> so, yeah that's incredible pand, you're in charge of rafter rogram tell me about amazing pbirds. pwho do you have there? pfranklin with me or at least i phad franklin with me. phe's one of our birds. pwe have 18 birds here. pall of the birds have been hurt pcan't go back to the wild. pthem. pso that we can take them

we know that macao is doing better and they think it's for wynn.tuart: all right, down a fraction there this morning. nicole, thank you. look at apple, please, big announcement, they've got the cheaper iphone on the market, i've not seen them lower the price of an iphone before. they're at 106. john layfield, do you like it at 106? >> they've got 300 billion and cash out of a market cap. i think it's a fantastic company. the problem is, too bad that steve jobs loss to the world. he's such a in innovator and since he's been-- >> do you think they're back on the 106 and-- >> i think bigger than s&p per year, but i don't see them getting back up. i own it as a value stock right now, the worst thing you can say for a tech company. stuart: it really is, apple? if they spread some of that money around with a dividend, a nice sizable dividend. i think you can take a look at it. >> i think you could. it's safe right now to buy the stock and i'm happy with it, rather go out with beats and buy something with the money. stuart: what's this about an israeli co

it may be the case that some of this money ended up casinos in macao and other places, where the hackeruld get the money might be walking up to a gate and receiving cash. we have to find out more about this. why is the global financial system this electronic? is there a room now to put human beings back in this loop the way they used to be back in the old days now that we know about hacking and dangers of it? should a human being receive a phone call asking for that transfer? should that relationship be a human to human relationship so you can't hack in and steal the code. >> i thought the robots were spoesed to replace human error? >> and now we're getting roboter erin sted. you can steal more with a computer than a gun. >> theal go rhythm city corp uses, let's put a roadblock in front of it. i wonder that they can even write that program. >> that's a good point. >> go ahead. >> it appears to be a pattern analysis that spotted this at the new york fed. we don't know how they spotted, whether a piece of software or good old fashioned human being spotted it. somehow this didn't seem righ

i'll tell you, macao gambling revenue looking up. up goes wynn resorts.re going to be on the hill talking about unlocking the terrorist iphone. welcome everyone from pennsylvania, congressman tom barrino. you're in the hearing. >> i am. stuart: are you one of those who is saying, hey, apple, you've got blood on your hand if you don't open it up or the other side of the coin, where do you stand? >> i tell you where i stand, i'm waiting to hear the testimony. i'm a law enforcement guy for 18 years. encryption is a rn po-- important part of our lives and we carry it around routinely and also, law enforcement needs information that's why we're having the hearing today. i want the public, the people to hear what it taking place and what each side is testifying to. and once i garner this information then i'll make a determination as to what if any legislation congress has to implement. this is a policy issue and congress makes the laws. stuart: why isn't tim cook there? >> i have no idea why mr. cook is not here, but that's not going to prevent me from asking t