20 Companies Most Likely to Go Bankrupt in Next Year [View article]
"I don't know the company . . . "
AIV is NOT losing money, that's GAAP crap. Cash flow is very much positive, they've weathered the great recession as well as anyone in that industry, with a goal of selling off non-core assets to eliminate all recourse debt. The stock price has gone up almost 300% from March. Apparently the market doesn't think it's going under!
20 Companies Most Likely to Go Bankrupt in Next Year [View article]
What nonsense! Obviously this was based on some kind of stupid ratio analysis, because if you know anything at all about AIV's debt, then you would realize they are probably the LEAST likely company to go bankrupt, at least of those corporations that have any debt at all. In fact, given that virtually all of their debt is nonrecourse tied to projects, it's difficult to see how it's even possible!
20 Companies Most Likely to Go Bankrupt in Next Year [View article]
AIV is NOT losing money, that's GAAP crap. Cash flow is very much positive, they've weathered the great recession as well as anyone in that industry, with a goal of selling off non-core assets to eliminate all recourse debt. The stock price has gone up almost 300% from March. Apparently the market doesn't think it's going under!
20 Companies Most Likely to Go Bankrupt in Next Year [View article]