Anybody have any thoughts on the earnings on Thursday.
I was little disappointed with the tone of the last conference call. Sounded like there were some problems with the new hotels that suprised them. I have listened to their conference calls for years and the last call definitely was the most somber call I can recall.
They continue to deleverage which I believe will best best in the long run but maybe not best for the stock price in the short run.
The own the stock, but not as much as I'd like to and the thing that holds me back is how large their AOCI is relative to their total equity. Perhaps it is because they have some older, long term holdings that have appreciated significantly, but it is unusual to see this so high.