CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Cash and cash equivalents
$ 64,306 $ 14,672
Accounts receivable, net of allowance of $3,631 and $3,592 at June 30, 2016 and December 31, 2015, respectively
Due from related persons
Investments in available for sale securities, of which $11,893 and $11,471 are restricted at June 30, 2016 and December 31, 2015, respectively
Prepaid expenses and other current assets
Assets of discontinued operations
Total current assets
Property and equipment, net
Equity investment of an investee
Restricted investments in available for sale securities
Other long term assets
I think FVE is about to make the turn...with short interest basicly evaporating...and our cash position set to baloon...I like our position right now....I just wish Jonsey and Tommy were still around to see the next move.
I don't even know about the new board...I,m gonna stick it out here...I use to post on stockhouse.com...but haven't for years.... I,m hoping that the brothers at Senior Star move forward with getting a seat on the board...since they actually own millions of shares they really can't just sit still anymore...Maybe Portney can silence most..but these guys aren't going away...Maybe turning FVE profitable can make a difference in the stock price...
someone should put forth the Nomination... watch Portney go nuts. he meets the criteria for nomination...He has overwhelming support.
We are encouraged by the many shareholders who have contacted us over the past few months and who also believe in the long-term potential of Five Star. Implementing critical strategic and governance changes to create opportunities that are in Five Star’s best interest will benefit the long-term interests of shareholders, employees, and ultimately other RMR-affiliated parties. We continue to encourage shareholders to contact Five Star’s leadership and share your views, support, and concerns.
About Senior Star:
William F. Thomas and Robert D. Thomas, co-founders of Senior Star Management Company, and certain donor-advised charitable funds, collectively may be deemed to beneficially own approximately 3.4 million shares of Five Star Quality Care, Inc., or approximately 6.8% of the shares outstanding.
where are the pundits with the Cash estimates ....There very very Quiet considering this is where they make there Money....Jonsey have you got your slide rule working yet.
is that you who bet on that August contract Tommy...You just can't get enough..you need $2.75 to cover your cost to be in the money....balzy Tommy..very Balzy
Jonesy ..Wake up Tommy..tell him his $2.50 options are now in the Money.... I think we honna go much higher headin into our August earring release