Bull Flag $AHT
Updated
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
Note
Blast off.
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