RE:RE:RE:RE:Calling on LatticeThe short thesis will only collapse once the company gets their EBITDA to debt ratio in the 5 to 5.5 range. Without Friday's ignominious results, I would have said below 6. The reality still is that they are still forecasted to generate enough cash to service their debt and increase their cash holdings going forward. The issue is no one knows whether there are other surprises lurking. Once the company stabilizes and they get back on track to delever, the shorts will move on. Until then, expect volatility and continued bashing by he shorts.
quote=LatticelnExile]fdfd. It is not a "price" that a short changes his opinion. It is when the you have thesis creep that a short gets out. I realize that things don't go to zero any more. I would give the debt a 5 or 6 handle - and that's 5//60 cents. Satisfied?
fdfd12 wrote: Lattice you didn't answer the question.
Everyone is wrong once in a while.
Put yourself on the line with an anwwer
AT WHAT PRICE WILL YOU SAY, "this is not going to $0"
At what price will you say, "they are not beyond the point of no return".
At what price will you say, "Lattice you are WRONG".
LatticelnExile wrote: fdfd12 wrote:
Lattice my question for you is this.
You are quite certain this is going to $0.
At what stock price will you say to yourself, "maybe I am
wrong and this may not go to $0.
At what price will you say, "CXR has turned the corner, something
I didn't expect".
I know you think it will not happen but what price will you change your mind.
They are beyond the point of no return. IMO they are cooked and the debt holders control the co.
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