Look at Zack's ratings..........They are always late to the party.
If you like to buy em after they have appreciated 100% Zack's is your guy.
The guy selling oranges on the freeway off-ramp has made more money than swisher, just sayin'
Nothing new here. This company is in the best shape it's been in in a long time. Zack's just sees other stocks that you can put your money in that's in better shape. August reporting will tell us lots.
Zacks downgraded shares of Swisher Hygiene (NASDAQ:SWSH) from a hold rating to a sell rating in a research note released on Wednesday morning.
That's the same type of investor relations that started this painful slow-motion tumble into obscurity for dozens of once proud, family owned business.
There you go, it's less than $1.80, load-up Swshandimrich. let's see a spike in the volume just to make sure you aren't just blowing smoke?
Good luck, SWSHIMRICH. I vote for you for investor relations. Lord knows this company could use a double shot of adrenalin. Customers need confidence. Employees need confidence. I hope you cash in a huge win!
I'll buy up every available 1.80 Swisher share I can get my hands on.
The way I see it, it's pretty simple.
Billionaire Huizenga and Berrard own 30% of all common.
Insiders / banks / funds own 30% of all common.
only 30% of 17 million left dude.
(shhhhh, that's about 5 million shares)
And I own and a few of my friends own a sizeable chunk of that.
We have a company that has a connection to none other than Jeb Bush, with a history of questionable antics.
Jeb is running for President. The have been doing housecleaning at Swish AKA streamlining company, selling off non core assets, and they are setup as a lean, mean, cleaning machine.
They have plenty of cash now, and very little debt. All they need are some big name contracts, and this teeny tiny little stock, with a teeny tiny little float, is going to......
Sell me your shares, ape man. I WANT THEM.
Sentiment: Strong Buy
Analysts at Robert W. Baird cut their price objective on shares of Swisher Hygiene (NASDAQ:SWSH) from $2.00 to $1.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock. Robert W. Baird’s price objective indicates a potential downside of 45.05% from the stock’s previous close.
They are growing their Core business, and reducing head count on Non Core business.
Just waiting on the "Handshake" deal to come out.
Swisher only has billionaires and heads of our political system backing Swisher.
Huge contract with Big name company is lurking, I can feeeeeel it.
(But hey, what do I know, except that I own a boatload of Swisher at 1.65)
Sentiment: Strong Buy
This may explain why SWSH moved to liquidate its linen business to boost cash: A deposit account control agreement (DACA) is a document in which a debtor and bank maintaining a deposit account (depositary bank) agree to the handling of funds. The document “perfects” a security interest in a debtor’s deposit account in favor of a secured party under the UCC. DACAs are used to facilitate “springing” mandatory prepayment requirements, providing absolute control of the account when “triggering events” including default occurs. SWSH may have escaped this one with only a hand slap of $35,000. Maybe we'll see a press release later.
It is very exciting to see the nice little package someone might be interested in buying.
I don't see Jeb Bush being a past board member doing anything close to cleaning up Swisher's image. In fact if you google Jeb Bush and Swisher, all you see is lefties using Swisher's reputation to drag down Jeb. Like it or not, Jeb Bush running will introduce more and more negative press regarding Swisher to people that today don't even know who Swisher is.
Prove it to yourself, Google "Jeb Bush Swisher"? The first page of the search "Jeb Bush Record of Dirty Leadership Revealed at Swisher Hygiene"
I think the "well connected" would be better of not being connected to Swisher, so my opinion is that there will be a BIG change in the near future.
And with a couple of million showing as income for Q2, looks like a nice Q2 earnings already.
Wonder what other suprises they have cooking?
Perhaps a Big Name Contract getting signed?
One can only imagine what a huge news release would do to a nearly debt free company with only about 5million shares float (if that?).
Sure would be a nice time to clean this company's image up, especially since, Jeb's running.
It's not like this company is well connected or anything, with Billionaires and top political figures reaching all the way to the top of the food chain.
Yeah, your right, I'm sure they can't land a big name contract or two, with a handshake and a wink.
Wink wink. (all just this humble idiot's crazy crazy opinion however, don't pay any attention to me)
Sentiment: Strong Buy
In the short term it's exciting, in the whole scheme of things it is just less water circling the drain.
NASDAQ3:58 PM EDT
Swisher Hygiene Inc Earnings Call scheduled for 8:30 am ET today CCBN 7 hrs ago SWISHER HYGIENE INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi EDGAR Online 10 hrs ago MoreCHARLOTTE, N.C., May 12, 2015 (GLOBE NEWSWIRE) -- Swisher Hygiene Inc. ("Swisher") (SWSH), a leading service provider of essential hygiene and sanitizing solutions, today announced that it has completed the sale of the assets of its Gulf Coast Laundry Services for $4.0 million in cash plus purchased accounts receivable. The difference between the sale price and the carrying value of the assets sold will be recognized as a gain in the second quarter of 2015.
"The sale will allow us to focus solely on our core hygiene and sanitizing business and improves our cash liquidity and our credit line availability," said William M. Pierce, President and Chief Executive Officer of Swisher. "Our focus continues to remain squarely on maximizing customer satisfaction through providing best-in-class service, gaining new business and further improving our overall cost structure."
Cautionary Statement on Forward-Looking Information
All statements other than statements of historical fact contained in this press release constitute "forward-looking information" or "forward-looking statements" within the meaning of the U.S. federal securities laws and the Securities Act (Ontario) and are based on the expectations, estimates and projections of management as of the date of this press release unless otherwise stated. All statements other than historical facts are, or may be, deemed to be forward looking statements. The words "plans," "expects," "is expected," "scheduled," "estimates," or "believes," or similar words or variations of such words and phrases or statements that certain actions, events or results "may," "could," "would," "might," or "will be taken," "occur," and similar expressions identify forward-looking statements.
Sentiment: Strong Buy
Oof. Forgive my cynicism, but I can't help but interpret that the Q1 coming out the day *before* the ending of the extended DACA waiver period from the lender is a painfully obvious attempt to not have to include any details about it. Swisher is not in the habit of releasing Q reports before the day they are due.
Maybe I'm wrong. I've certainly been wrong before.
Yeah, "non-core" explain that? Linen was core, when did the business model change?
Not that I disagree with the sale, the company seem a little aimless.
Cutting off fingers because you are starving, makes it hard to eat, yet the board seems not to care, why? Swisher lost one of their largest customers out West due to crumbling reputation, more will follow.