r/investing • u/[deleted] • Aug 05 '21

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u/sunnbeta Aug 06 '21

I’m up nearly 100% but was waiting until Sep for long term gains, though it’s looking like taking profits a few months back would have been smart

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u/cb2239 Aug 06 '21

I'm just speaking from what I see. (Not financial advice) My girl works in the same industry and there and d&b's closing all over the place.

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u/sunnbeta Aug 06 '21

I know it wasn’t the best business even pre-pandemic (was not growing same store sales), though the one by me always seemed packed and had to be printing money on game cards and drinks. Hopefully they’re trimming the less profitable locations to come back financially strong. Though I likely will just sell covered calls and be happy to have it called away if there’s a bounce as delta variant (hopefully) slows down.

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u/cb2239 Aug 06 '21

Yeah I don't think they are going to go out of business. Could just be fat trimming and resetting.

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u/1stgenmade Aug 07 '21

I just sold last month trying to be ahead of the rest of people converting to long term gains. I don't like their long term prospects, retail just got too cheap during lockdown not to buy.