Q: Am sitting on a substantial loss on this one. Any insight if there is any hope of a recovery or should one just suffer the loss and perhaps try to recover loss in another stock with more potential. And if one should switch, any recommendations? Perhaps LMN or some other recommendations.
5i Research Answer:
We would certainly see LMN as the better bet for capital returns. HAI has not been fun, but ET still owns 10% of the company, and may come back to the table for further takeover negotiations. HAI could also see a January small cap bounce. That being said, none of that is guaranteed, and we would be more comfortable with a switch to LMN or HPS.A or combination thereof.