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2011 3Q NOI of $155M was 9% ahead of last year's 3Q and at a run rate of $620M !!! This NOI is approaching twice the market cap of Sunrise right now !!!EBIDTAR of $37M for 3Q was 16% ahead of last years results, and if this is annualized at $148M and a 10% (or lower) cap rate would value the company at $1.5B+.ADR and occupancy improving. All of these economic metrics sure point to an improving and growing business and I'm sure this plays well against the backdrop of a $350M market cap today?Good candidate for a takeover? My bet is that stock price should go up tomorrow. May also depend on how conference call is received.Time will tell.
Watch the pre-market tomorrow morning. More often than not if it's going to sell off it doesn't wait for the opening bell,people start selling in the pre-market.