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noam_chom
Mar 30, 2022 5:26 PM

PLAY -ing with Fire Up here - Dave & Busters Eatertainment Chain Short

Dave & Buster's Entertainment, Inc.NASDAQ

Description

Dave & Buster's is an American restaurant and entertainment business headquartered in Dallas.
Each Dave & Buster's has a full-service restaurant and a video arcade.
As of January 2022, the company has 144 locations in the United States and two in Canada.

A quick scan of Google Maps D&B locations shows that very few are rated above 4 stars

This is a large national chain with a good footprint, however the upside is limited if common Americans begin to slow down discretionary spending.

Comment

volatility should break again this afternoon or tomorrow

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came off the rally very hard. this is taking the bearish trend for a month or two

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cliff jump

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stilling down as the Slowdown Recession fears grip markets. this could be an appealing reversal bounce play at $25

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Macro Slowdown and Recession Fear has manifested
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