I can understand why a lot of people think about SABR as a good investment right now. Even many people I know are buying it. I can also understand that many are “seduced” by the relatively cheap price of its stock and the idea that business will pick up when the pandemic is over.
However, the part about the pandemic being over has a lot of ifs and whens in it. Let's not forget that SABR operates in the business that was most certainly hot the hardest by the pandemic, and therefore will probably take the most time to recover. Many companies even went out of business in the industry.
When I look at all those factors they paint a very uncertain picture of the market in the near future. Now, I’m not saying that SABR will go under or that the value of the stock will not eventually rise, just that it is a long and uncertain road to that.
2 replies (most recent on top)
I am bearish, have been working here for 7 years and I see many reasons why one should be concerned
Unless some other gdc will fall due to some hidden issue, SABR will eventually fall. They've been trying to change for 10 years but inside... its all The same. Lost company...