Post by
STOCKMAN70 on Apr 26, 2017 1:41am
Great potential
This stock has the potential to be one of the best turnaround stories of 2017. Management talks about being focused on the right strategies that could turn the company around - restructuring of debt, increase EBITDA, improve quality of earnings (less adjustments to adjusted measures), and control expenses. It comes down to managements ability to execute these strategies - at this point not as many believers as there could be.
It's hard to time buying this stock because when they announce Q2 or Q3 the stock price could potentially double on good results and an investor would miss the largest part of the move. On the other hand it's still risky because if they can't execute over the next few quarters the cash flow will become an issue from the debt maintenance burden. Definitely some big potential but not without execution risk - do we believe in this management team?
glta