SBAC's Debt to Equity ratio is 446 to 1 ...What's that smell I smell?~
Who's pimpin' this dog in after hours? A dog, by lack of other words, is still a dog. 446 to 1 debt to equity and neg book value and negative profit margin. And, negative earningers growth and bleading red ink. Why does this company exist? There must be something insiders in this one are pulling out of the biz for this dog to continue it's existance. Anyone have a clue as to why anyone would buy this dirty dog vs Apple or a biz that is actually generating , uh uh... profit?
Cramer was hyping them last night. SBAC just purchased another companys towers adding another 2300 to their current inventory. With the huge increase in data needed by Verizon, ATT etc they are well positioned to provide the towers and antennas to supply this growing demand. Sounded like there is gonna be a huge increase in this companys profits.