Friday, March 27, 2020 4:42:15 PM
The market knows, and the market spoke: FUNN is down about 82% since the virus scare started. Great companies do not drop like that for no reason. Even if some do, they are the first ones to rebound and do so in a big way. FUNN is not rebounding, it is sinking, period.
What is unfortunately happening to FUNN is akin to a 100 yard dash with a brick wall half way down the strech. Has anyone calculated how much money they are losing on a DAILY basis? Has anyone contacted that attorney to ask him if his team has bailed out of buiding 10 new cafes?
After we all know some friend or relative that has died because of this virus, after every mommies and daddies have been scared to let their kids go anywhere for a good long while, after all the college folks carefully return to school, do you really think that anyone is going to rush to Snakes to exchange germs playing board games??
Well I don't think so, but I do feel bad for the shareholders who bought my shares...
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