$AFI is another good micro cap example. Did a $50M buyback only to land themselves in Chapter 11. Was also trading at a fraction of asset value when they hit the wall. As a distress professional, I learned that question #1 is "does this entity need to exist?" If not, be careful of the value trap.
What is your current position/opinion on ATUS?
$AFI is another good micro cap example. Did a $50M buyback only to land themselves in Chapter 11. Was also trading at a fraction of asset value when they hit the wall. As a distress professional, I learned that question #1 is "does this entity need to exist?" If not, be careful of the value trap.
you're making it big, andrew. you can tell because some rando in the comments of a completely different blog called you a pipqueak. nice. https://diligent-dollar.com/2022/06/09/bed-bath-and-bebond-bbby/
never been so proud
You should look it. Oppenheimer opy they are buying stock back at the fastest rate I've ever seen and usually do it near the bottom
That's why I asked him what is his current position on ATUS