Sep. 5 at 12:47 AM
@nicjoh
@robotrodger
$CPS what about the 1.2bn in debt? a company with tight cash flow and margins in the low teens.... Even the 1st lien is deep in junk territory (CCC rated)... Hard to make sense of that and think takeout candidate.. I've looked at the same possibility you are looking at and i cant get to the same conclusion (fyi thats the main reason i am out of the stock)
I am shocked this keeps running, but hey enjoy the ride!