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Re: RNsidersbuying post# 71637

Tuesday, 04/28/2020 9:33:17 PM

Tuesday, April 28, 2020 9:33:17 PM

Post# of 113867
BYD Stock is down now in after-hours and I expect it to be down tomorrow too. The company actually had good Jan and Feb but, still lost money for the Q because of March. And most of March they were still operating, so the losses in the current quarter with everything shut down will be humongous.

Even when they do re-open, it will take a long time for the crowds to return. Another one I am short is Disney. Their theme parks, hotels, cruise ships , hotels, and theaters are all shut down. No sporting events for their ESPN division either. The only part of DIS doing well now is Disney+ with online streaming. But that is a startup and likely losing money too.
Yet investors are hanging onto that one division. It will likely be at least a year before their bread and butter get going again, IMO.

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