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Originally Posted by YendorLootmonkey
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What do you think of penny stocks? Particularly WSGF. Bought 200K shares at .0262. They bought Vacaychella and changed focus to that, just released an app to connect investors with rental properties, positioning itself to be the "RobinHood of Real Estate". Ticker change imminent to reflect the new focus on Vacaychella. I just need it to hit $5/share sometime in the next 10 years to become a millionaire!
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The success of this company depends on it's adoption but when isn't that the case.
If owner/operators do a good job bolstering their rental experience for customers, and investors are savvy enough to seek out properties which offer an immersive experience at marquise locations I see a huge opportunity for growth, but again this depends on expansion of luxury rental experiences which does carry some risks as real estate prices continue to climb, and the potential for sharp economic downturn persists.
Right now, the VRBO market is mostly devoid of said marketers, and is instead essentially a best price/value market, while ventures for retail customers looking for a family "experience-centric" vacation is a niche market that is typically sought out elsewhere (outside VRBO/AirBNB etc). Some people like the concept of knowing what their whole vacation is gonna cost up front and just being catered to while they're guided through it not having to plan and estimate the additive costs, etc. This is how vaycaychella differs on allowing the customer to view and operator to detail added services, if I'm not mistaken, yeah?
If vaycaychella can do a good job attracting investors as well as entrepreneurs looking to expand this market it could considerably expand the all inclusive vacation experience market and in that case your investment in the project would do very well.
I'm not sure if, in the long term, they were to be listed on a major exchange, that they wouldn't fall under the rules of an REIT because if they did, the rules on dividend disbursements would apply, and that would hamper growth potential at the tradeoff of quarterly/month dividend income which is taxable on an incremental basis, which is more costly than a lump long-term capital gains assessment (you wouldn't want to sell it too quick if it did hit if you're married with a 160k annual (Gains+AGI), or single with a 80k (Gains+AGI) long term capital gains tax exemption, which means existing your position would a be a gradual process or it would cost you a little more to do so (15% or more considering Biden is currently discussing changing the capital gains tax rates along with the corporate tax rate increases being considered.)