Greg Taxin

[The Vigilant Fox 🦊 @VigilantFox]

🔥 WHITE HOUSE SHOWDOWN

The press walked in expecting spin.

Instead, Karoline Leavitt BURNED their FAKE narratives at the stake—OBLITERATING months of lies about Trump’s peace push in Ukraine.

“This is why Americans’ trust in the mass media is at its lowest point in five decades.”

And that was just her opening shot…

🧵 THREAD

[Michael Gold @migold]

today i learned the NYPD's Hate Crimes Dashboard has a hate crimes word cloud

[Greg Taxin @EquityActivist]

@ChancellorCUNY Where is @CUNY leadership? Allowing little kids at @Hunter_College campus schools to bring Coronavirus home to Grandma is an atrocious decision.

[DeBlasio-kills-Grammy @ixnayielays]

@NYCSchools @realDonaldTrump @NYCMayor #COVD19 #flatteningthecurve #FlattenTheCurve

[Greg Taxin @EquityActivist]

@Hunter_College @CUNY @Lin_Manuel Why are Hunter College Campus Schools still open given the claimed “chief priority” being “health and safety”? #CloseTheSchools

[DeBlasio-kills-Grammy @ixnayielays]

@NYCSchools @realDonaldTrump @NYCMayor #COVD19 #flatteningthecurve #FlattenTheCurve

[DeBlasio-kills-Grammy @ixnayielays]

From the Atlantic

Cancel Everything
Social distancing is the only way to stop the coronavirus. We must start immediately.

[Greg Taxin @EquityActivist]

$STON to restate 3 years of financials, again. That's 2x in 5 months. A record? Newish CFO left. Can anyone get the numbers right? D&T?

[Greg Taxin @EquityActivist]

@raymondjames put clients into $STON at $25. Now w stock at $9 (whoops!), >40x 2015 EBITDA, analyst is really, really sure it is a buy. Hmm.

[Greg Taxin @EquityActivist]

Big shocker in wee hours of 11/8: $STON audit cmte finally read financials! SEC read them too, it seems. Addl restatements announced. Ugly.

[Greg Taxin @EquityActivist]

$STON cracks $10 (down 60%) on its way to fair value, a mere 90% lower from here. Where's the restatement? Was promised by end of Oct.

[Greg Taxin @EquityActivist]

Unfortunate enough to have bought $STON in April offering for $23+? Ouch. Message me.

[Greg Taxin @EquityActivist]

What?!? A 50% cut to distributions at $STON? What happened?? Did they finally run out of "pro forma" cash flow?

[Greg Taxin @EquityActivist]

$STON. Using old GAAP rules because you think the SEC "screwed up" rev rec is like setting your own speed limit. https://t.co/dShSPrNl35

[Greg Taxin @EquityActivist]

$STON Don't be sidetracked by massive earnings restatement on Fri b4 Labor Day. Real problem is unsustainable biz model. Much bigger issue.

[Greg Taxin @EquityActivist]

Did "distributable available cash" go up or down btw 2013 and 2014? Depends. Which $STON disclosure are you reading? https://t.co/pNqpNxVlzg

[Greg Taxin @EquityActivist]

$STON changes metrics, calcs, disclosures & tables. Lots of questions. Avg funeral $22k in '12 & $8k in '14?? Part 1:https://t.co/zZoNhhorU0

[Greg Taxin @EquityActivist]

$STON After "very disappointing" quarter (CEO), new issues raised re financing of distributions with new equity https://t.co/Bd8QiBB2vr

[Greg Taxin @EquityActivist]

$STON calcs same metric / same period in 3 diff press releases. Gets 3 diff answers. SEC non-GAAP rules needed! https://t.co/c5oibSc5bL

[Greg Taxin @EquityActivist]

Uh, oh $STON. New SEC guidance on non-GAAP metrics limits creative "accounting." See 100.04: https://t.co/ghAOTMcxBe https://t.co/c5oibSc5bL

[Greg Taxin @EquityActivist]

@Don_Homer $STON huge red flags. I wrote here: https://t.co/UDPTAys3ob updated here: https://t.co/c5oibSc5bL video: https://t.co/WzcQcpGZUO

[Greg Taxin @EquityActivist]

$STON mgt on Q1 miss: "bad weather is bad (no visits/buying pre-need)"; "good weather also bad (no deaths)" My View: https://t.co/c5oibSc5bL