Neuberger Berman Real Estate Securities Income Fund Inc. Message Board
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ignorant as this might sound
you keep talking about tender here...is that stock price or the value of the property they hold? I do not have this stock , but was interested if the real estate market starts to pick up, but with the commercial markets under pressure, i have stood on the side lines...watching , waiting,
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Thats it just keep waiting waiting until the whole thing passes you buy ass hole. I mean Life !
- 2 Replies to redcreek65
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PMS????
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Wow redcreek. Who pissed in your cornflakes?
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The Tender we keep refering to refers to NRO's offer to buy back shares at 98% ov NAV, IF the sp remains 10% or more below NAV for a set span of time.
The NAV (Net Asset Value) is the value of NRO based on the value of it's holdings. -
If the real estate and commercial markets don't improve, there is no way the rest of the market in general will go up and hold. we may all be waiting and watching on the side line. We added 3000 shares to NRO when the price went down to 1.50. We also added to RIF (formerly RDR) when it's share went to 1+. If we go down, might as well do it in style. I do believe the real estate market will recover. Just be patient and buy when the bargains are there. That is my 2 cents worth. Besides, it's the only game in town.
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