This stock was enthusiastically promoted as a well managed...

This stock was enthusiastically promoted as a well managed ,safe, yield stock
only a month or so ago by an analyst for a substantial fund manager at $2.90
with an expected distribution of 14c with growth potential.
Living in a retirement village with monstrous fees and an overbearing operator
to whom promises don't need to be kept once they have your money, the manufactured home sector should have a great future with a substantial advantage . This was what enticed me to invest without doing my own research in more depth.
Have been trying to get out from about $2.70 but the fall was too quick for a limit order.
Finally made it today at about 30c less and a loss in the thousands.
Quite obviously, some were aware of the pending results given the falls over the last few days.
It's not a good look.!
If my quick look at the report today is correct, NTA is only about $1.40 per share!
This stock carries a huge goodwill figure in the balance sheet which will always be a drag on returns per share.
Might be value under $2,but I would not go back again given the lingering bad taste.
Its a good example of the frequently seen phrase in HC-------
"my opinion only, do your own research"
pargolf