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Re: player1234 post# 53218

Wednesday, 07/24/2019 10:45:05 AM

Wednesday, July 24, 2019 10:45:05 AM

Post# of 70419
Actually, positive EBITDA will probably happen for ACB this quarter.

Here is why I think this:

ACB lost $160 Million last quarter. This is a fact (no matter what people on here say).

ACB knew last quarter was going to be a loser. As such, they "took out the trash" or "cleaned house" or "flushed the toilet" of all the bad stuff last quarter.

I mean, would you rather report a $100 Million Loss last quarter and a $60 Million Loss this quarter?

Or would you just lump the loss all in 1 quarter, explain it, and then move on?

So I think ACB's $160 Million Loss last quarter was the "clean up" quarter.

Now they can appear to be moving in the right direction with positive EBITDA next quarter.
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