WEB 4.11% $4.20 web travel group limited

You know what is actual madness, the large amount of shorting of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 75 Posts.
    lightbulb Created with Sketch. 12
    You know what is actual madness, the large amount of shorting of this stock. WEB currently have over 3 years of cash burn sitting in cash, therefore if the economy doesnt open up to international for 2 years they shouldnt have to raise. which means eventually, the short positions will have to be closed. hence upside. but yes in the short term there will be some pain. Risky short to rely on that though imo.

    Investing is a long term game and hence you shouldnt be so worried about the short term.

    Management are great in this company, they have vision, that's what you're paying the current premium for. I personally averaged down during the cheap prices back early to mid last year and happy to sit and wait for covid to play out for this stock to be at the front of the market again, with small to mid competition gone/reduced (STA travel for example).

    Scott, the fact that you have a different opinion is fine with me, that's what makes a market.

    DYOR
 
watchlist Created with Sketch. Add WEB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.