Posted on March 15, 2021
Hard to get excited about flying sea creatures and paying hard-earned cash to get yourself drenched.
But SeaWorld Entertainment (NASDAQ:SEAS) makes a business of exactly that.
If you can call it a business…
Truth is, SEAS has run into some rough waters of late, as we expected they would. So you can imagine our salty cravings just eyeballing an opportunity to sail a windy profit from her soon-to-be capsized wreck.
Now, hold on to your jibs, gentlemen, as we walk you through the fundamentals here.
Or, in this case, what you might call a fundamental lack.
Get a load –
But that never hurt anyone in today’s heady investment climate.
Nor did –
The big splash seen on the chart of roughly a month back – when the stock spouted higher by better than 50% – was a result of an announcement that several SeaWorld locations would soon be opening.
Not advance killer-whale ticket sales.
With kind regards, and Chodesh Tov!
Hugh L. O’Haynew