RE:RE:That’s one long corner AFN is turningRayDonovan78 wrote: Huge debt and litigation over their head. long term hold if you can pickup shares again in the high $20's. Not a buyer in the $30's, wouldn't buy on analyst ratings or there price targets, most have an agenda.
Just looked at the latest financial reports. Looks like long term debt is around 55% of book value (around 44% enterprise value if you consider current market cap). What would you like to see as an acceptable debt level?
As to the litigation, you're talking about the $80M claim, right?