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Updated 11 days ago on . Most recent reply

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Collin Hays
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
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...and yet ABNB stock is climbing?

Collin Hays
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Posted

ABNB is trading at a very expensive 34 X earnings right now.  In what world do they meet earnings expectations on August 5?  I'm normally not a trader, but I bought ABNB August 15 PUTS today.  

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SMOKY MOUNTAIN FALLS INC.
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John Carbone
  • Rental Property Investor
  • Gatlinburg
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John Carbone
  • Rental Property Investor
  • Gatlinburg
Replied
Quote from @John Underwood:
Quote from @Collin Hays:

ABNB is trading at a very expensive 34 X earnings right now.  In what world do they meet earnings expectations on August 5?  I'm normally not a trader, but I bought ABNB August 15 PUTS today.  

34x earnings? Sounds like a good stock to short.
Loading up my brokerage account to do just that 

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