5/8/24 - $run - "run" while you can. bad risk/reward. v bad.

5/8/24 - vrockstar - burning a post for anyone reading this. 7x sales for no growth, high capital intensity industry w/ high rates, cash burn and comps trading rough (even industry leaders r failing to hold bid)... if you love it - perhaps sell into the print if you think they'll "beat". HOWEVER, be warned, too many names are failing to run EVEN WITH good prints and decent guidance. something that's 80% debt in the capital stack missing will send this down 30% and you won't even feel comfortable buying at that pt (bc it will slide for a while until we get to 2H and rates picture changes). second order thinking says... you can't buy a beat, and you can't buy a miss - so what's your risk/ return here guys. i'd dump it if i had it. contemplating a short, actually, but undecided mainly b/c shorting is such a miserable biz.