Message Font: Serif | Sans-Serif
 
No. of Recommendations: 4
thanks for posting.

What is the positive outcomes you see and what kind of price would you sell at?

Do you trust the revenues and numbers? GAAP numbers are horrible and Non-GAAP are like any other company that uses Non -GAAP. Might as well remove all G&A and Op ex too while at it?

Debt is huge. 10-15 years of FCF to pay it off. Not saying they need to pay it all off. but shows a level of debt. We talk about companies at 10-15x FCF. Here the Debt is 10-15x FCF!

FCF numbers are also not very clear. Not sure what it is for 2015.

Yes if they file the 10-K there could be a pop on short covering. Maybe as much as 50%. Who knows. Would that be the point to exit?

I had 2 investments in 2014 that were down 50-90%. I would have been better off selling them every single day after the thesis was broken.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.