Excellent analysis! I have been selectively selling puts here. As an avid skier its very painful to witness the absolute dismal job they do of managing these world-class resorts.
Food and beverage - could be so amazing and unique - yet they just treat it like cafeteria food from Sysco.
The business is structurally so strong that even with poor management it's doing "alright."
I think a real crisis would have greater impact (and it would allow us to buy shares at a more attractive price) but even an activist would be very welcome.
Excellent analysis! I have been selectively selling puts here. As an avid skier its very painful to witness the absolute dismal job they do of managing these world-class resorts.
Food and beverage - could be so amazing and unique - yet they just treat it like cafeteria food from Sysco.
The business is structurally so strong that even with poor management it's doing "alright."
I think a real crisis would have greater impact (and it would allow us to buy shares at a more attractive price) but even an activist would be very welcome.