Bought aire early and made some money the first day. Since then I've bought and sold a few times as it understandably fell. When it jumped back up I bought at 10. I figured it would fluctuate between 8 and 12 and settle just under 9. Then they did "the offering" and priced it at 5, less than half of what it was trading at. Personally, I felt betrayed, and I can see why it fell to $3.99. I sold half and bought at a lower price to bring my average down to something closer to 5. I'm holding out because I believe the company has potential for huge upside. The market always over corrects and I think next week its going to start slow, rapidly jump sky high then fall down to a range between 6 and 9. On the face the company appears to have a strong leadership managing its resources, has a 200 million dollar credit line (granted that's not always good, like a college kid with a credit card, access to debt can get out of hand) They do have a key asset which is a type of AI that (yawn) gathers and analyzes data. However the exciting part is the way it
realistically uses that data regarding property management, market pricing, etc. I think the company is going to be a strong competitor in the near future. Maybe it will be short term rentals, or maybe something else, the potential application of their key assets have flexibility. My gut reaction is to be extremely careful (too good to be true usually is), but unless there something huge they have yet to disclose, logically it seems like the risk is mostly limited to an unpredictable very sensitive market. If the company succeeds it will be in a very big way. I say invest now for the short term. My strategy is to sell when it bounces and re invest my profit after the price settles and re-evaluate next quarter.
