CEO Bruce Mackey And Team Want To Increase The Value Of FVE's Shares-Take Advantage Of It
The fact that CEO Bruce Mackey and team participated in 4 recent healhtcare conference presentations speaks for itself. The objective here is to increase the value of FVE stock which has lagged the performance levels of its peers for quite some time. Added to that fact is the redemption of 3.75% cpnvertible senior notes which eliminates that item from the balance sheet. In my opinion, investors would be well advised to look to the future with FVE. If an investor bases the worth of FVE stock on past historical data, it will lead one astray as it will be incorrectly skewed. Buying into FVE at current share price levels offers the investor a low risk and potential high return on invested dollars. FVE will do well going forward because it has a very nice tail wind behind it given the fact the economy is growing with an existing housing market that only gets better with time. From here, I anticiipate occupancy rates will steadily climb and that will only bolster the bottom line performance of this company from quarter to quarter.through 2013 and into 2014. As long as the existing housing market flourishes, seniors will be encouraged to leave their older homes for facilities the likes of FVE - - - and FVE is recognized in the long term senior care sector as one of the best. Whether you play FVE short or long term as I'm doing, the chances of it being a nice winner for you are very good.
Prediction. If FVE doesn't stay above 6 bucks, you'll be out of it again before the end of 2013. Then again, regardless of price, I expect you'll make some disparaging remarks and still bail before the end of the year.
my guess is that RT gets heavy into a low-priced stock after his DD, takes to the message boards to try to influence small-time investors to buy into his story, and as soon as he's made a few bucks (which could just be $1 X 50K shares = $50K, given what he made off Sunrise) gets out and tries to push it back down....only, he doesn't have much influence over most investors, so it's actually purely entertainment (& a LOT of luck & short-term gains) for a person of his age. i congratulate him for finding something meaningful (to him, at least) to do with his time. i was in long term care for many years, and there are worse things he could be doing. "cheers & good investing!" my apologies, RT, if I'm way off; no disrespect meant.