and they are STILL saying it.
How is it they lost 45 Million DESPITE Large Hedges in Q2?
Wasn't that supposed to offset low oil/gas?
Not if you're West Texas Intermediate MORON
whats Q3 gonna look like? DISASTER cause they're stupid and playing with YOUR money.
Actually with their current Mkt cap of 1 Billion for 15,600 Unis BEFORE this buy, they Were in for Only app $60,000 per unit, ..
Now they pay 200K per Unit?
One assumes it's "accretive" but it aint cheap Organic growth.
They're buying these units from the very sharp Private Equity guys/Hedgies who run Holiday.
So it's not exactly bargain country.,
Also, Private Senior housing is less secure than govt paid for Care.
So there are economic risks in a downturn.