some questions from a RAINlong:
if we think we are in a full-blown bear market, and not in a correctional phase, what are the implications to RAIN. RAIN is a 100% domestic stock, but the macroeconomic picture has changed. if we become very pessimistic about the us economy and assume that recession will be here sooner than later, will: people start to cutback on expenses, eventually holding off going to eateries like RAIN? RAIN,being not very expensive, may grow even more, since people start to flood RAIN and down their anxieties (remember, casinos do very well in times of down economies). RAIN change its business model, cutting prices and going for the revenues? RAIN live up to the multiple that has been assigned to its stck. I am long RAIN, but am seriously thinking of cutting down investing in equities, and am trying to get as much info as possible. i have not been to RAIN since it is not geographically accessible to me.
thanks in advance. |