time to buy AWAY..pulled back a bit but ready to take off.. will be in..
demand with lower gas prices, people will be able to afford vacations, etc. and AWAY is like a home away from home. people are renting now rather than staying in motels for hunting, family vacations. an IPO with huge demand. makin money and that's what you need for a major move up!!! buy on any dip!!
the world is being changed by this company.....just take a minute to think about it.
20 years ago if I wanted to go abroad....I'd need a team of people to get me visas, find accomodations, get flights with a travel agent to stay in a hotel. It was very difficult to make a call depending on the telephone carriers and voice mail jail. A car was a royal pain. Forget renting a house on the local economy....that would never happen.
now I get on my smart phone, book a flight on orbitz along with a rental car, get on homeaway with world class accomodations for my entire family in any country in the free world in less than an hour of time. After all that I fly in, grab my car electronically, drive to the digs with my Garmin and voila.... on the beach for happy hour.
citi conference went very well....its online for anyone to hear. Always amazes me how Shaples and atchinson know the business inside and out. What they say resonates as very factual, insightful and honest. They are also willing to discuss weakness...eg. Leakage. Had a property manager bait and switch me during a recent trip, so this is a real issue. But they addressed it and have a plan. Would expect citi to start coverage with an outperform....
at the top of the IPO curve with a breakout we should set sale for $50 near term