Submitted by PopperChopper t3_yi85uy in wallstreetbets
gamesexposed t1_iuhi0sw wrote
Reply to comment by PopperChopper in $ABNB puts or calls? Earnings play. by PopperChopper
Believe it or not, there's some well aged brain wrinkles around these parts...
But hey, you do you and godspeed fellow crayon enjoyer
PopperChopper OP t1_iuhinf5 wrote
Well the only substantive counterpoint someone has put forward so far is that October is typically their best earnings coming off of the summer month. Which I have already taken into account. It may be enough to maintain or elevate the current market sentiment. However overall I think there are currently more things working against that overall sentiment then for it. Obviously it’s a getting game however I don’t think anyone has provided any points that renders the theory meritless
Edit: EPS estimates also look particularly high this quarter
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