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I very much doubt it. They’re a huge company doing very good business: they have easy access to capital so even in a liquidity crisis they would have no problem
by oldtownroad 3y ago
I very much doubt it. They’re a huge company doing very good business: they have easy access to capital so even in a liquidity crisis they would have no problem addressing it before anyone noticed. If they’re insolvent, that would be one hell of an achievement and seems completely implausible.
The far more likely explanation is that their payout system is a heap of junk (as are so many systems).
https://ir.bookingholdings.com/overview/financials/quarterly-results/default.aspx https://ir.bookingholdings.com/overview/financials/quarterly...
You could get very rich shorting them if you believe they’ve run out of money.
- lumost 3y agoTheir most recent quarter shows a steep year on year decline in earnings. If there is hanky lanky in the books, it’ll show up in a down year.
- sshine 3y ago> If they’re insolvent, that would be one hell of an achievement and seems completely implausible. The problem is that their signal is completely ambiguous. They're enacting maintenance during the busiest season. So we're already at odds with what a serious company can be expected to do. Unless there's a serious reason.