From Seekingalpha · Anthony Cataldo · · 40s
Greystone Housing: Hold Until November
Greystone Housing stock below $5 prompts hold until late November.
In brief
Greystone Housing stock below $5 prompts hold until late November. Greystone Housing (GHI) should be held until mid-November before new positions. Originally reported by Seekingalpha.
Greystone Housing trading below $5
Greystone Housing stock trades below $5 per share and less than half of book value.
Negative EPS and cash flow
Greystone Housing reported negative earnings per share and declining free cash flow.
Low institutional ownership
Institutional and insider ownership are low with recent exits raising stability concerns.
Recommendation for investors
Hold existing positions but avoid new investments until mid-November.
At a glance
Greystone Housing (GHI) should be held until mid-November before new positions.
