Oh wow..I haven't been to the WEB thread for months and read some ridiculous comments. Don't really understand there are some of investors (punters) here on HC with the mentality of "SP will go up eventually, so get in now before you miss the boat"
Can someone explain why you would recommend this stock to put someone's money down? the underlying source of revenue (direct sales, advertising, fee, rebate) no longer exists (or significantly reduced) for next 6-12 months + last 3 months. You need to look at the fundamentals..with travel ban/lack of consumer confidence, It is going to take very long time to recover.
Why would some idiots encourage people to get in and sit in loss for next 6-12 months..I see that as pure opportunity cost.
You will miss the 'boat' on the other investment options if you are sitting on red Webjet blood bath for next 6-12 months
WEB Price at posting:
$2.82 Sentiment: Sell Disclosure: Not Held
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