Q: Peter, my son asked me about buying shares in Vacasa, vacation rental company based in Portlant. It IPO'd on Monday (SPAC) with an inauspicious beginning! Down as much as 12% today. The vacation rentals space looks interesting and this co. may be worth looking at later as a reopening play (whenever that really occurs), but so far the company is losing money every quarter from what I can gather.
I recommended holding off for now and have put it on a watchlist, but I'd be interested in hearing what you would look for before you would actually consider actually buying shares in this company.
I recommended holding off for now and have put it on a watchlist, but I'd be interested in hearing what you would look for before you would actually consider actually buying shares in this company.
