I believe that ALZ will be close to insolvent by the end of this year. Its debt maturity is very short, the commercial and industrial (C&I) and resi businesses are both capital intensive and there is no buyer for the developed C&I product.
Speed of the demise depends to a large extent on credit availability.
I am aware that others have a different view. Go and buy as much stock as you like. No problem from me!
Disclosure: Short position.
I believe that ALZ will be close to insolvent by the end of this...
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