ACPI is an externally managed (no management company attached). CLNH is internally managed (a company). CLNH has restructured all of their liabilities/debt, sold an asset for $100MM (a Special Servicing company which ACPI does not have), has $110MM in cash on the balance sheet (which ACPI doesn't have).
Although they are similar comps, that's where the similarities start to diverge. Even with all the news on CLNH, better financial condition, cash, it's still only $0.25.
another strong right hook to the jaw of unethical; his legs are looking pretty wobbly - the crowd is roaring, obviously chrisanja is the favorite, and he is proving his dominance over this loser who shouldnt even be in the ring
Of course I didn't sell b/c Dad, Kresl or that other basher Ethical told me to!
This was completely sarcastic.
Ethical doesn't understand a balance sheet or income statement, which are meant to allow ordinary people to assess a company's finances.
He may write obtuse paragraphs about the industry and technical CRE jargon, but at the end of the day, it's numbers.
He won't answer the simple question & provide a revenue estimate.
The analyst following this stock says $52 and if you look at Q1, Q2, Q3 progression of $65, $60, $56, this is right on pattern.
Ethical won't commit to saying it will be $36.
I'm waiting for someone to commit such a low number - I can't fathom how this would occur, except if there were skyrocketing delinquencies.
I think we'd be talking about going from 6% to 40% in one quarter for revenue to drop by a third.
what up bose832.....I see you. LMAO.
This ACPI is going to sky rocket man. Im one of the guys who bought in at 80 cent thinking i had a sure hit. Man, was I wrong, so now I am sitting a waiting while ahr beats me over the head daily.
Man, this is fun.
This was stupidity driven mostly by mis-placed "macro" sentiment from CRE hitting bottom in 2011. By then, it's WAY too late for CRE mortgage REITS. CLNH and AHR will fall again next week to the 10-12 cent range, possibly single digits.