Jan. 13 at 4:36 PM
$AHT If I am understanding this correctly... They had to pay down
$10 million to renew the Highland loan (covering some of their most important hotels), which obviously caused cash flow issues... As a result, they abruptly suspended preferred dividends, including those previously announced and due to be paid in 2 days. I own this stock, but it's constantly getting harder to feel optimistic about it. I don't know what strategic options they are exploring, but I hope they find something that doesn't burn all of us.