Get Quote

Opentable (NASDAQ:OPEN)

CAPS Game Rating: 1 out of 5

Recs

0
Member Avatar papsrus (< 20) Submitted: 24/12/2011 12:16:16 : Outperform Start Price: $40.46 OPEN Score: +36.12

Stock has been hammered. Another play on economic recovery.

Report this Post 2 Replies
Member Avatar explainstuff (98.19) Submitted: 15/02/2012 15:51:27
Recs: 0

Are you even aware of what OPEN does? How is this a pay on economic recovery? Which is the product that OPEN sells, that you think people will use more with economic recovery? And which economic recovery are you talking about?

Member Avatar papsrus (< 20) Submitted: 24/02/2012 14:14:59
Recs: 0

Yep, I'm aware of what OPEN does. It seems not wildly unreasonable to anticipate that growing adoption of their online reservation service by both customers and restaurants (already happening) will accelerate as the economy continues to improve (already happening).

Pretty controversial stance to take, I know.

Paps

For details about CAPS-UK, and the conditions you agree to be bound by, please see our Terms and Conditions.