Do you think HCC will do better financially vs. the higher end clubs?
It depends on how you define the term “financially”. Yes, their books will probably be in a better shape but this credit market and industry is all about cash flow. All DCs depend on some growth to pad up cash flow. If the growth spigot dries up, it will put a strain on the cash flow. Some like ER, AK and QN have deep pocketed backers. Others will have to get creative.
