As stated it is likely the SP could drop below $1.50 and we’re it stops is anyone guess but it is not going to be good over the next 6 to 12 months for the travel sector
The airlines maybe full and hotels packed but these are bookings and arrangements made months ago , most investors don,t look at what is happening now but look at how the sector is going to be placed in 3 -6-12 months !!
The US are in there peak travel period and stocks in the travel sector are on a free fall for the same reasons investors are seeing A Ticket To Nowhere!!!
All IMO but for me this is a long term hold and cross fingers we can see the stock return to the pre pandemic highs in the near future
GL
HLO Price at posting:
$1.64 Sentiment: Hold Disclosure: Not Held
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