I am heavily invested since January or so (for the second time) in EXPE, BKNG, as well as hotels like H, MAR, and plays at live events like LYV and SEAT.
They have all done extremely poorly this earnings season and they don't have the best guidance heading into Q2 either.
At losses at 15-20% in some of them I am very concerned but don't want to be selling at "The bottom" either. To me these recession fears still don't make me see people not traveling this summer and further, and when you look at restaurant earnings like CAKE that did strongly I'm just confused at the market currently.
Where do you view it? I will say if I take a loss on this, I am not ever investing in "reopening" plays again. Fool me twice, shame on me
Submitted May 03, 2022 at 11:55PM by BigBet0 https://ift.tt/1d46xzo
