Agreed. No significant debt maturities until 2015 I think. This company is a good candidate to be bought by another provider; but, not until credit markets improve. They just need to focus on occupancy and operations.
I did not listen; but, read the transcript instead. It was rather dramatic for an earnings call. Two analysts riped the CEO and the Board a new one for awarding stock and paying quarterly cash bonuses. Wondering what others made of the call? I'm worried these guys will advise their clients to dump the stock and drive it further into the ground. CSU seems to be better positioned than other senior living stocks that have more debt and earlier maturities. It almost sounded like something personal between one of the analysts and the CEO. Although, I would imagine that the analysts's own salary was lower if he advised his clients to buy CSU at $8-$9 and maybe he was pissed. Any thoughts?