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The Company provides laundry convenience to residents of multi-unit housing; such as apartment buildings, condominiums, colleges and university residence halls and hotels and motels.
Insiders believe (multiple purchases, no sales over the last 6 mo.)Industry (consumer services) will underperform, but subcategory (laundry) is not discretionary.Debt load looks bad, but growth rates and book value per share look good. Recently terminated major credit line with BofA; was never used.Technicals good; recently cracked 50dSMA, which is curving positive.
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