not much to say here, selling aud rally from elections on the basis of probable rate cut, aud economy not looking so well. trade wars makes USD more favorable along side, a probable rate hike in 2019.
posted some notes on twitter acc (@fohills_) , pretty much this company's stock is over valued by about 20 - 25 dollars. would short 66, scale more shorts at 57 and buy back surplus of stock at 40
company needs more volume with big players, their leverage is with the professional services indrusty, their invoice process can improve their client's cash...
short ECL
horrible company culture, rip off to consumer . reminds me of blockbuster, when they would make more revenue on rental late fees, instead of the actual rental. look where they ended up.
consumers will catch on to the fraud. they claim to be in the business of leasing cleaning equipment, but they are in the business of selling their own...
obvious pump and dump , short if your broker lends you the shares, scoop em back up at 7 a share
no fundamentals to drive stock higher till at least june 2019
