Wed, Aug 20, 2014, 2:06 PM EDT - U.S. Markets close in 1 hr 54 mins


% | $
Quotes you view appear here for quick access.

PMC Commercial Trust, Prior to Reverse Merger with CIM Urban REIT, LLC Message Board

  • brilliant_analyst brilliant_analyst Jan 6, 2010 9:56 AM Flag

    Tooley was right all along

    Tooley had it right from the getgo.
    PCC stuck at $7.50 and soon headed down while REIT's are all recovering. Institutions clearly selling off. Reasons are clear. New loan agreement, based on LIBOR, clearly favors lender. Point well taken that "customer" base of PCC consists of run down flop joints trying to compete with name brands who have been aggressive in cutting prices. Many are in deep doo doo and PCC will soon have to run these places, albeit at a loss. Property values now are far lower than when appraised a few years ago.
    I guess that's what happens when a company is run by and for the benefit of egotistical families with vested personal interests. Just hand pick relatives and friends for the B of D and compensate them to nod yes to everything.

9.710.00(0.00%)Mar 11 4:02 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.