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Re: CPTMatt post# 38419

Thursday, 08/24/2017 5:01:36 PM

Thursday, August 24, 2017 5:01:36 PM

Post# of 113855
EVI - I'll be looking to short this as well. Any hedge fund manager that thinks a dry cleaning company deserves a 30x EBITDA valuation won't be a hedge fund manager for long... Even Pool Corp, which is 50x bigger!, trades for half that, at a 15x EBITDA multiple...

Not sure how many business sellers they'll be able to fool into taking stock, if they're selling their biz at 8x and getting something valued at 30x instead...

Time will tell, but I'll be betting on a drop.

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