s33b
2021-02-28

$Airbnb, Inc.(ABNB)$I love Airbnb and use it on all my travels. IPO price was way too inflated to begin with. I may be wrong but when there is a market correction, stocks with over inflated valuations will suffer the most. 

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Comments

  • GavinTan138
    2021-02-28
    GavinTan138
    Isit still a buy at this point?
    • s33b: 
      in my humble opinion, travel stocks that keep rising in these uncertain times are a bubble. they should be following airlines/cruise stocks more although many people can argue otherwise.
    • s33b: 
      I was prepared to buy between $45-50 when they first set the price or even at $60 when they adjusted price. But $120-200 range is now too high to buy in unless travel resumes to pre-covid levels.
    • s33b: 
      There is definitely room to grow for Airbnb. But with the pandemic still ravaging travel worldwide and at such a high valuation, I want to be a bit more cautious and stay on the sidelines.
  • LeeWan
    2021-03-01
    LeeWan
    Up
  • GavinTan138
    2021-03-01
    GavinTan138
    Tks bro
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