Looks like a bull flag. DD aside, I like the way this is setting up.
17% short interest, plus they have eliminated a lot of debt ($533mm from last year) Reduced monthly cash utilization by 82%.
Their hotel brands range from Mid level (Hampton Inn) to Ultra Luxury (Ritz Carlton).
Well diversified asset base across 27 states.
Institutions have been buying $AHT shares-- BoA, JPM, GS, MS.
Also heavily mentioned in Discord groups and WSB
Country opening up on Independence Day so we should see Hospitality sector recovery in full swing.
T1-$7
T2-$15
T3-$30
have been in this one since $3
17% short interest, plus they have eliminated a lot of debt ($533mm from last year) Reduced monthly cash utilization by 82%.
Their hotel brands range from Mid level (Hampton Inn) to Ultra Luxury (Ritz Carlton).
Well diversified asset base across 27 states.
Institutions have been buying $AHT shares-- BoA, JPM, GS, MS.
Also heavily mentioned in Discord groups and WSB
Country opening up on Independence Day so we should see Hospitality sector recovery in full swing.
T1-$7
T2-$15
T3-$30
have been in this one since $3
Comment:
Blast off.