RE:NOT Selling My Shares at 31 cents!!!! Agreed MBA. Let the weak hands and the scalping profit traders (i.e. picking up nickels in front of a truck) do their thing in the short-run, but I think a longer-term investor will really reap the rewards.
Coupled with a real turnaround in tightening operations (high gross margin ~79%) and the cashflow generation that you mentioned, we often forget that the underlying industry tailwind is also great. PHM is in the homecare business and with babyboomers getting older and consistently downloading costs onto hospitals and facilities, there is a growing need for homecare solutions that reduce readmission rates and facilitates the humane treatment of the elderly (~26% of US is a baby boomer & about ~11k baby boomers become 65 every day growing exponentially).
All that on a discounted multiple makes this a great value buy.
GLTA,
MarginofSafety