With COVID Still Spiking, New Travel Restrictions On Tap, I Can’t See How ‘Airbnb’ Can Prosper.
I had the option of buying Airbnb (ABNB) stock this morning. I actually typed in the buy order … then I relented!
Just did NOT make sense to me. Our local Airbnb, up the road, is CLOSED — due to COVID. Yes, I know many are NOT as responsible, BUT, vaccine or no vaccine, we are not out of the woods when it comes to COVID. We still have at least 6-months more to GO — in the U.S. Minimum. So, I can’t see how Airbnb numbers are going to excel during that time.
So, I did NOT buy ABNB in the end. Instead, I bought AI, MORE (lots more) NIO & a bit more ETSY. SMILE.
Check Category ‘investments‘.