Dave and Buster's Entertainment Inc (PLAY)

[Stock_Barber]

I also believe that the lenders will work with them.

YOY comparisons for the full quarter are really meaningless since most (all?) of PLAY's locations were closed for much of that quarter!

Honestly looks more like a hit piece!

[eastunder]

You’re welcome.

I can’t imagine the lenders not wanting to working them.

[@LaughinPaulRyan]

... WE LOOTING ... $PLAY

We aren't here for F21ENDS and are only here to STEAL YOUR MONEY and make more money with it. Two ways to $PLAY only one wins and #LootWallStreet is loving Dave & Busters during the pandemic.

[Stock_Barber]

Thanks! Missed that!

[eastunder]

An article about possibly having to file BK if they can't get their lenders to work with them.

https://www.foxbusiness.com/markets/dave-and-busters-eye-bankruptcy

The company reached a short-term debt-relief deal with its lenders until Nov. 1, according to the WSJ report, but if that isn’t extended the chain is warning that it may need to file for bankruptcy.

The parent company of Chuck E. Cheese, a similar entertainment venture that’s marketed to children rather than the above-21 crowd, has already filed for bankruptcy due to pressures on the industry related to the coronavirus, according to the report. So has Apex Parks Group LLC, an amusement-park company.

With many of D&B’s locations shuttered for months because of COVID-19 shutdowns and health precautions, the company said it had reopened 89 of its 137 stores as of Sept. 9. They were operating under reduced hours and capacity limitations tailored to the local rules governing each facility.

[Stock_Barber]

Why is PLAY getting clubbed like a baby seal?

[@LaughinPaulRyan]

... dip baby, dip ... $PLAY #LootWallStreet

[@LaughinPaulRyan]

... taking this money ... $PLAY #LootWallStreet

[@LaughinPaulRyan]

... BTFD ... $PLAY

[Stock_Barber]

"Tomorrow's earnings will disappoint, IMO!"

Nailed it!

[@LaughinPaulRyan]

... looking for an opportunity to position ourselves for the ride back to $40 land ...

[@LaughinPaulRyan]

... trying to $PLAY a bit more ...

[Stock_Barber]

Dave & Buster's emphasis on live sports and entertainment implies it was a major impact of the pandemic. There are some early positive signs of a recovery, including an improvement in foot traffic trends from down 79.5% for the week of June 29 to down 68.2% for the week of August 17.

"Is experiential dining back? No.

Could Dave & Buster's be a critical indicator of the sector's return? Yes," he wrote.

Dave & Buster's is scheduled to report second-quarter results Thursday after market close.

Unfortunately, while an improvement, that's still really bad...

I expect that they can weather this, but it'll take a few quarters at least!

[Stock_Barber]

Anyone been in a D&B lately?

No...

That's the problem!

They'll be back eventually, but it will take a few quarters...

Tomorrow's earnings will disappoint, IMO!

[@LaughinPaulRyan]

... $19.33 up 6.7% at 11:15am ... $PLAY

[@LaughinPaulRyan]

Dave and Busters Ent (PLAY)
18.1502 ? 1.5202 (9.14%)
Volume: 7,609,826 @09/01/20 4:47:06 PM EDT
Bid Ask Day's Range
18.18 18.2 16.26 - 18.34

[@LaughinPaulRyan]

... great job getting started here ... $PLAY

[@LaughinPaulRyan]

... it’s okay to invite a few close friends now, but only a few no more than six though ... $PLAY

[@LaughinPaulRyan]

... LMFAO ... $PLAY #HugePLAY

[@LaughinPaulRyan]

... expansion into vacant malls for private 5G social gaming at discounted rates is already happening ... $PLAY #LootWallStreet

[@LaughinPaulRyan]

... all the way UP all the way ... $PLAY

[@LaughinPaulRyan]

Dave & Buster's is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's has a full-service restaurant and a video arcade. As of June 2020, the company has 137 locations in the United States and Canada, with more announced to open in the near future.

[@LaughinPaulRyan]

... sports betting and egames with kids and parents working and learning from anywhere with TRUMP tax deductions too! ... $PLAY

[@LaughinPaulRyan]

Dave & Buster's Entertainment(PLAY) reported a larger loss and lower sales than analysts expected Thursday but SunTrust boosts its rating to buy from hold and raises its price target to $22 from $17. The investment bank is " encouraged by faster than expected re-opening plans" and "steadily improving sales at re-opened stores," among other things. "While sales are sensitive to increased COVID concerns, lean operations and strong liquidity mitigate downside risk," SunTrust adds. Others weren't as optimistic. BMO, with a price target of $15, says "near-term comp expectations still seem overly optimistic and we continue to expect a slower, longer-tailed recovery" for that industry. Raymond James says "we remain cautious on the pace of sales/EBITDA recovery given the ongoing risks related to COVID-19." Shares are up 8.2% to $15.84

[@LaughinPaulRyan]

... we bought $PLAY, but will buy more lower ...

[@LaughinPaulRyan]

... be back below $9 fairly shortly ... $PLAY

[Stock Logics]

Loving this stock...

[Bostonsesco]

Has it ever been 50? I dunno!

[Stock Logics]

Added 50k today. Holding for $50 patiently.

[Stock Logics]

Correction, 100K shares.

[Stock Logics]

Loaded 1mm shares of PLAY. Will hold for $50 dollars minimum.

[ClayTrader]

* * $PLAY Video Chart 06-03-2020 * *

Link to Video - click here to watch the technical chart video

[StockStud22]

Nice, I wasn't aware of that

[HDOGTX]

$PLAY Could not resist getting in here, Vegas opens up tomorrow...

[StockStud22]

Well, what do you guys think, sell before next earnings and buy back in lower?

[Sean Portman]

Here’s another perspective that’s also accurate. Overlap the Dow or any of the other on this. It has followed the market. Yes it fell a lot, but you can also run the ratio between market ups and downs and figure where this should on the next up day.

[Jld3294]

Same reason all major transports and highly populated area company’s fell.

Except PLAY can’t even do take out, they were over leveraged and people won’t flock back to an arcade when the economy opens back up.

[Stock_Barber]

Primarily the Wuhan virus!

[Stock_Gambit]

Why did this fall from $60 - $4?

[letsmakemoney0001]

Yep. Waiting for around $7 to rebuy again.

[Jld3294]

75M at the market offering.

Limited upside from her since D&B needs money and will be selling shares on any jump.

[Jld3294]

Any up movement from yesterday’s conference call should be sold.

Sure they made $3 last year and focused on that, but they have 100M in cash left that is burning fast and piles of debt and lease obligations. They will be forced to raise equity at basement prices or issue debt at 12%+ in a few more weeks of closed doors.

[Bostonsesco]

I agree with this sometimes investing is common sense activity. You’ve got to have some kind of rational for basic plays! No pun intended..

[Jld3294]

$5 bound

[jrf30]

PLAY just listed as one of the 30 stocks that might go to ZERO this year. Not by some wacko, but by Money Magazine. OUCH. Here is their take on it.

<<
Dave & Buster's Entertainment (PLAY)
In the time before coronavirus, I’ve suggested buying the dips on Dave & Buster’s Entertainment. Although I hate to go back and reverse course on my idea, I’m left with no choice. Principally, my thesis on PLAY stock involved the psychological concept that we humans are social creatures. But in the post-coronavirus era of social distancing, Dave & Buster’s is a no go. As with adult gaming venues, the company represents the antithesis of various health agencies’ recommendations. First, you have the same circulated air that you’re breathing. Second, Dave & Buster’s is a socializing platform, mixing people with games, food and drinks. In other words, it’s a combustible mix for spreading infectious diseases. Thus, you should place PLAY stock in quarantine.
>>

[TheFinalCD]

meanwhile its running up today

the power that be are working PLAY today

[Stock_Barber]

Honestly, it probably isn't a buy under $5 either.

It is no fault of their own.

PLAY has an AWESOME business... under normal circumstances! Unfortunately these are NOT normal circumstances!

My suggestions to them are as follows (when they reopen):

1) Give every person that enters a small bottle of hand sanitizer and request they use it before and during their visit. Or at least put dispensers all over the store!
2) Put a few employees in each store on "wipe down" duty to walk the store very visibly wiping off games with sanitizing wipes.
3) Have someone out front to open the door for all visitors so they don't need to touch the door. Or add automatic doors like supermarkets.

[Jld3294]

PLAY one of the worse positioned restaurants for covid. People won’t rush back to it either. Under $5 is probably a buy but keeping the short since $16.50.

[gmoney909]

I agree -i am planning to hold -i think this will rebound once the country is back to normal

[Stock_Barber]

PLAY is tied to the virus.

Without knowledge on the viruses' future path, one cannot call PLAY a buy at any price...