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Real StoneMor
@Real_StoneMor
@Real_StoneMor is a Spin Free Zone. Dedicated to highlighting shenanigans at StoneMor Partners (NYSE:STON). We are a parody on StoneMor. See Disclaimer_9.22.16
Joined September 2016
213
Following
32
Followers
24
Posts
Real StoneMor
@Real_StoneMor
over 9 years ago
$STON great bust by the SEC on a renewable energy ponzi scheme. 5 years $30 million later https://t.co/z6rKkDTEVN
Real StoneMor
@Real_StoneMor
over 9 years ago
$STON the amount of accounting fraud found (will be found) at StoneMor is not something you can come back from. SEC Investigation underway
Real StoneMor
@Real_StoneMor
over 9 years ago
Brilliant article from $STON's local newspaper covering the lawsuit against them. See Loewen Group in 2001 for ex https://t.co/jf0SauxzZM
Real StoneMor
@Real_StoneMor
over 9 years ago
We saw this a long time coming - "Company's reported non-GAAP financial metrics were materially misleading " https://t.co/23hRvEUMqn
Who to follow
KF10075
@kf10075
Distressed debt investor.
Ronald Hunt; Executive Success Coach, Mensch
@CelebrantHunt
We all know what to do. Equal parts❤️ knowledge, and structure will get you there🤒. https://t.co/TasK6C1UZA Life Coach and Consultant. Reiki Master
Real StoneMor
@Real_StoneMor
over 9 years ago
$STON mails 10,000+ permission slips to pre-install burial vaults. Will cost of stamps be an addback?? https://t.co/YGsfIeabyH
Real StoneMor
@Real_StoneMor
over 9 years ago
Victory lap for the $STON shorts! Shares down -44.64% to $13.74 implying a 9.61% yield. At least 10%+ downside to get back to 10.64% yield
Real StoneMor
@Real_StoneMor
over 9 years ago
StoneMor Challenge: Find the $46,779,542 $STON has promised to pay investors in 2017? If unsure, it may be coming out of your pocket then!
Real StoneMor
@Real_StoneMor
over 9 years ago
$STON current share price @ $14.56 implies a yield of 9.07%. The price will continue to correct to a 10%+ yield. Looking for $12.41 close!
Real StoneMor
@Real_StoneMor
over 9 years ago
It is like looking at a beautiful painting $STON top Loser of the day! Much more downside from here. Buyers beware!
Real StoneMor
@Real_StoneMor
over 9 years ago
Music to our ears! Analyst's today came out and said they were surprised. I guess they don't follow
@Real_StoneMor
!
Real StoneMor
@Real_StoneMor
over 9 years ago
Off to the races! $STON opens @ $14.82, down 40.29% from prior close. Expect strong selling to continue!
Real StoneMor
@Real_StoneMor
over 9 years ago
Minutes away from the open $STON down 40%+ in pre-market. We believe the new dividend of $0.33 implies a share price today of $12.41, -50%
Real StoneMor
@Real_StoneMor
over 9 years ago
$STON Investor Notice: 50% drop expected tomorrow. $STON @ $15, $10, $5 or $1 is no buying opportunity! Median comp valuation is $0.00!!!
Real StoneMor
@Real_StoneMor
over 9 years ago
$STON Mgmt issued FY 16' Adjusted EBITDA guidance of $100 - $110 million just 2 months. Expect a miss and a big one!
#STONOVER
Real StoneMor
@Real_StoneMor
over 9 years ago
@EquityActivist
$STON issued Adjusted EBITDA guidance of $100 - $110 million just 2 months ago. I guess something changed since then?
Real StoneMor
@Real_StoneMor
over 9 years ago
The moment we all have been waiting for! $STON cuts dividend 50%! Shares down 33% or 33% closer to its final stop at $0.00!
Real StoneMor
@Real_StoneMor
over 9 years ago
Can't say we aren't surprised! $STON cuts dividend by 50% and share price to follow! https://t.co/XttNXYmH9A https://t.co/BzpPsL4HFe
Greg Taxin
@EquityActivist
over 9 years ago
What?!? A 50% cut to distributions at $STON? What happened?? Did they finally run out of "pro forma" cash flow?
Real StoneMor
@Real_StoneMor
over 9 years ago
No optical illusion $STON valued 330% higher than its public comp set. Less growth, lower margin & higher valuation. Something fishy here.
Real StoneMor
@Real_StoneMor
over 9 years ago
“what we are doing is we are reporting on operational metrics that conform to old GAAPs, not new GAAP consistent with SAB 101.” - STON Mgmt
Real StoneMor
@Real_StoneMor
over 9 years ago
"I mean, obviously, as we, most of our GAAP, non-GAAP issues come on the cemetery side." STON Q3’15.
#STON_knows_they_got_GAAP_issues
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