RE:RE:Is anybody else contemplating to double down at .035?An absolute steal at .035 . Numbers don't lie . Consider a conservative $60-$70 profit per test for 19000 tests completed in May generates 1.14 - 1.33 million dollars in profit per month and some think of it as peanuts . Lifelabs cost per test https://www.lifelabs.com/flyclear/?myProvince=bc&myProvince=bc
The market has clearly overreacted on the centred deal falling through . Next financials will not have all the fees re: RTO attached to it and the market should acknowledge that . The rumour is that the centred deal was the work of J. McMullen . Upon further digging it started to look like a bad deal even at .10 per share . After looking at some polls re:post pandemic travel I saw a disturbing trend of less travel in the foreseeable future .
- 53% of business travelers expect to travel less for business after the pandemic; 64% expect to have more virtual meetings instead of traveling; 53% think their company will reduce their travel budget compared to before the pandemic.
- 54% of Americans overall expect to take fewer vacations in 2021 compared to a normal year; 36% expect to take about the same amount and 10% of Americans expect to take more; 62% of people with household incomes of $100,000+ expect to take fewer vacations in 2021 than in a normal year.
- 69% of business travelers say they’ll feel comfortable flying again within a year.
- https://www.ipsos.com/en-us/news-polls/Americans-expect-to-travel-less-for-vacation-after-the-pandemic