TLDR; earnings on the 28th, 8/21 45ps are ripe for the picking.

EDIT: Earnings have been pushed to 8/6, rumor has it they're trying to secure loans as well as a stock offering (Yahoo conversation section 😂). Things are getting spicy.

EDIT 2: apparently they've pushed ER date multiple times, not looking good. Or the books are taking longer to cook then expected 😒

Gonna keep it short and simple. No real DD done on my part, just putting my retard thoughts into words. I'm predicting a $2 drop minimum, reasons below:

• There have been no events the since March, the only revenue LYV can possibly report is likely due to accounting fuckery.
• Live Nation pays artists large sums of money up front. They won't be seeing a return on that for a while
• They own a shitload of venues that have been sitting vacant for months now.
• Overall market is currently in a down trend and so is the stock, I think direction continues

Lastly, LYV is quite similar to LVS in that they rely on disposable income.

Now the reason I bring up LVS is because they had earnings a few days ago. Their charts look very similar so I'm using that as my basis for no fucking reason other than gut feeling.

This is not advice, this is a gamble baby. Good luck to any poptard that follows this.