Here is a realistic outlook on the industry trends for the companies in our and similar industries (SRV is funeral home/cemetary). These charts are all correlated to the timing of the Fed raising interest rates (and the Medicare issue to a much smaller degree). IMO, this trend will continue until interest rates not only stablize, but start to possibly come down. So, IMO, unless you think interest rates are possibly coming down, your risk is going up.
These 4 companies all have huge debt and recuring "one time charges" (should rename it "sometime charges" IMO). Some differences to note are that CMDC and SRV had related party "one time charges" which have resulted in pending lawsuits.
I cannot help but wonder about Cohen being on the payroll and board of the ILM's until just before the mergers were announced. I also cannot help but wonder about the "Triad" one time charges and where Blake Fail of Traid fits into the CSU picture.
Also note that one way or another, bad news will be forthcoming on the ILM's. Either CSU gets them at a price 75% greater than current market with a high interest rate on the "new" $155 million additional debt or we take huge charges to get out of the deal (IMO). So do not kid yourself about the price going up anytime soon. I do not see how it can be possible.
Thanks for the input and continued interest in CSU. I just rechecked and after the price drop, CSU is now about 2.5% of my portfolio so I'm just going to ride this one out. It's a risk and I agree that the whole deal stinks at present. If I had more at stake I probably would have sold when you did. As it is, I'm prepared to hold this for years if necessary. If CSU drops into the 1's I'll buy a few more shares and continue to hold. OT - have you looked at LGTO?? Roadkill supremo. I sold at 70 but still have 100 "lucky" shares from before the first plunge. Think I might pick up a little more. Thanks for the tips on VERT and CLRS. I still have a big stake in VRTY. Wish I had some VRSN!!