mckays mentioned in the CC...there on a course to drive FVE into earnings positive 4th Q..or early q 2016.
says on track for normalized Ebitda of 9 million plus per Q... Going forward....
won't be surprised to see Blackrock active this week buying.
Maybe 9.2 is a real good number....as the market digests it.....
The market loves cost controls as Hogland pulls the levers.
jonesey..i to enjoy our "tait a tait"..that french...LOL
But.... It hard to ingnore were trading at 1/2 the bank appraised value of FVE assets..even when the bank apprailsals are traditionally very conservative.....i think mckay should just cut the chech for 10 mil and but this thing to bed.
Jonesy... I think we'll rally hard once the parties make a setttlement.... back into the $4 ..could come at anytime..these thing usually get settled out .. seen the same exact thing with SKH a few years back.
I dont think banruptcy would ever be in the cards..there guys are still making aquisitions..have a credit facilty in place for 150 million...on 15 of there owned assets..the other 15 are mortaguge free...unless i'm totally blinded by something...This has to do with the un comming settlement on cote vs five star..once that get done we should rally hard....BKD is down to $24 from $37 the biggest operator in the u.s..short positions have increased on both stocks..SNH short position tough drop 2 million which was suprising.....
The standstill agreement with orange is getting close to expiring......its anybody's guess..opec has made the comment Oil wont reach $100 BOE until 2040.... With china slowing playing a take out or shorting for CHP 11 are about the same here.