Of course that is not what MF said or implied. Here is the quote from MF:
"Fortunately, Ardent doesn’t appear to be at risk of breaching its lending covenants this year. The recent proceeds from the Health Club sale will bolster the balance sheet, as will the sale of the Marinas division when that occurs. My above analysis also excludes ongoing growth in the Main Event business."
No suggestion of a breach here.
There is a funeral today, so honestly, it would just be good to neither down ramp or ramp the co, just give everything some space. I know shorters will be frustrated at the lack of a further precipitous fall in the sp. However, some sense of dignity and respect needs to prevail (on HC as well!) , and so the senseless scaremongering about the co and demeaning of management should stop, and the staff, the management and the families should be given space and time to heal as much as possible.
AAD Price at posting:
$2.01 Sentiment: Hold Disclosure: Held