Omega Healthcare: Top 10 Tenant Stops Paying Rent, Stock Price Goes Up [Seeking Alpha]
Gen Digital Inc. (GEN)
Last gen digital inc. earnings: 3/16 04:30 pm
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Source: Seeking Alpha
Omega Healthcare: Top 10 Tenant Stops Paying Rent, Stock Price Goes Up Reading the headline Omega Healthcare Investors FFO beats by $0.01, beats on revenue OHI On the surface, while not spectacular, OHI saw small increases in revenue, FFO, AFFO and FAD compared to Q1. A bull might take solace in that at least OHI is "moving in the right direction". The dividend might not really be covered by cash-flow now, but with a little more growth it could be. Maybe everything is going to be alright. Being a bear in a generally bullish market can be difficult, being a bear with some skin in a short position can be even more difficult. The inherent problem is that the types of catalysts that send a stock screaming down usually do not develop overnight. The Orianna (fka Ark) bankruptcy was not a surprise, it had been telegraphed by OHI management several quarters before it happened. Chronic OHI bull Brad Thomas wrote This operator that Booth is referring to is Ark that represents around 6% of Omega
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- Gen Digital (GEN) Up 5.9% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
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