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UMH Properties Inc. Message Board

  • incomestream58 incomestream58 May 12, 2008 9:08 PM Flag

    Because of this

    UMH added several new executives to its staff to position itself for expanded sales and finance. UMH increased inventory to a record high of $12 million. Instead of increased sales, sales actually decreased in the first quarter.
    They are forced to cut the dividend? Are they going
    to start a subprime loan buisness to sell off the inventory?

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