An alternative view.
Given that there is a global view of a recession on the horizon, increased rates etc. You would probably be worried if you own
really expensive stock just now. But in a way a company like Kaddy won't be as affected as its on lows already.
But may be its a good thing
to 1. Have a low point now 2. Have prospects for improvement 3. What if being in the alcohol industry is a good thing as its past history suggests
people will still keep drinking even in tough times. Well maybe we should all pause and realize gloom, is every where just now, but its not forever right? JMO
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