06-01-2021, 02:56 PM
[quote pid='26520' dateline='1622575866']
About time the restaurants get hit today like DRI, EAT ect
If the puts weren't so expensive I would buy them lol
Added some CARR - I'm almost at a full position now
[/quote]
I can't think of a restaurant that isn't at least 10% overvalued and it happened months ago. I hold a short put in TXRW, only because I think that one might not dip too bad soon. Cruise lines will get a beating too but I gave up guessing what month. Maybe when they start selling shares the first time demand goes back to normal? A couple good quarters doesn't fix a broken balance sheet and they haven't even seen a good quarter yet.
About time the restaurants get hit today like DRI, EAT ect
If the puts weren't so expensive I would buy them lol
Added some CARR - I'm almost at a full position now
[/quote]
I can't think of a restaurant that isn't at least 10% overvalued and it happened months ago. I hold a short put in TXRW, only because I think that one might not dip too bad soon. Cruise lines will get a beating too but I gave up guessing what month. Maybe when they start selling shares the first time demand goes back to normal? A couple good quarters doesn't fix a broken balance sheet and they haven't even seen a good quarter yet.