Hey, it's a good thing - right?
When they couldn't pull the last offering off at the below-market price that wasn't enough of a slap in the face, so now they're going to do it again at an even lower price.
Is it time to trot Cooperman out on to CNBC for another interview to pitch/pump ABR?
Shares go lower through the end of the year. Will likely end the year where they started.
Why would anyone buy this stock? With a paltry yield of 7.2%, it ranks pretty low compared to other MREITs.