$Airbnb, Inc.(ABNB)$reasons why this is a good stock pros and cons. Im still bullish for these reasons Pros1. Brand name it is common to think of this plaform when it comes to travel short or mid term stay.2. Low cost vs high tech. Due to technology, it has low cost and cost are maintained by the property owners or management itself. So i dont see much of asset cost increase. 3. Travel experience. People look for unique experiences and even homestay. This will continue to be beneficial for abnb. 4. Macro travel can only get better in traffic volume. Pent up demand helps too where travellers may want to do revenge travelling and spending. Cons1. Hotel chain brand names can alwaywa compete and get the even
Firstly during ER the stock becomes very volatile before and after. It can take place days or even weeks in between. What do we do then? Simply put into scenarios.1. Do not pick DNP to stay away from volatility. If you do not have experience then I suggest stay away.2. Trade it. Only for the more experienced hands. Which direction will it go? I suggest you look at 2 things. Volume and price action. As things will gain momentum very fast, it is hard to predict. Hence when you see the momentum coming in, you need to go in and go out fast. Thats the only way to do it. Conceptually easy but execution is always hard, just like all trading strategies and moves. Any thoughts? Just basic sharing and welcome more experience traders to share. Good and bad experiences too!
$Airbnb, Inc.(ABNB)$ reasons why this is a good stock pros and consPros1. Brand name it is common to think of this plaform when it comes to travel short or mid term stay.2. Low cost vs high tech. Due to technology, it has low cost and cost are maintained by the property owners or management itself. So i dont see much of asset cost increase. 3. Travel experience. People look for unique experiences and even homestay. This will continue to be beneficial for abnb. 4. Macro travel can only get better in traffic volume. Pent up demand helps too where travellers may want to do revenge travelling and spending. Cons1. Hotel chain brand names can alwaywa compete and get the events MICE or b2b segmenr much better than airbnb. The segment of luxury may not be achievable ny them2. Stock price is still
So far some hard rules. Always dont lose money.Cut loss and have a entry and exit plan. If you think you are following then dont trade. Take a break in between day trades to avoid fatigue. Trade based on an amount you are willing to lose for a day. Can be an ×% of your total account e.g. 3%Trade safe and enjoy the process!
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