I had previously said I'd buy $1m worth of stock in a CR...
However now with the new assumptions behind this 2nd profit downgrade, I think I'll wait until this is downgraded again.
I say in a previous post why their EBITDA guidance is based on occupancy assumptions which IMO are a complete fantasy for them to achieve given their actual 30-Nov & average 30-Nov occupancy rates
My oh my... Why not come out & downgrade today & get all the dirty laundry out in 1 go...???
The CR was inevitable, just like another EBITDA downgrade now is
EHE Price at posting:
$2.68 Sentiment: Buy Disclosure: Not Held