Jul. 31 at 9:19 PM
$ABR To be objective, no, ABR is not going BK with the price going to zero. On the other hand, things are not great either. The GAAP loss is not a good look to be sure but they have enough cash flow to maintain the dividend and the buy backs have been meaningful. And the price action today also tells a story. The fact this closed at
$5 tells me that investors had time to digest the earnings report and have concluded that the sky is not falling. How long the road to recovery will be is anyone’s guess.