GREY:CVHIF - Post by User
Comment by
dannyd9on Oct 18, 2018 6:42pm
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Post# 28831259
RE:RE:RE:Private equity firms love FCF.
RE:RE:RE:Private equity firms love FCF.Stock will move once company can show that receivables are declining without the use of writeoffs. That is what is holding the stock down. The cash can really dwindle if company has to use its cash on the payables. EBITDA was negative last month and by this time needs to turn the corner on that. The reason this is 5.5 cents is because people need to see truek positive movement on those fronts. Writing off 500000 per quarter is not going to fool anyone. Or....if they can....sell the company for a dime a share and move on.