but I've been selling. Haven't sold half yet, but getting close.
The reasons I've been selling: - I thought Doc's brilliance overshadowed what I perceived to be bad structure (REIT); I didn't like it because I didn't know how a capital-intnesive growth company could pay out all of its income. The naysayers who complained about dishonest strucure never saw the real problem. Of course, Doc let us all down with his condescending dishonesty in May. The "straw that stirred the drink" is no longer relevant. Also, in hindsight, he wasn't so bright after all.
- there's just too much I no longer understand, specifically the ongoing cost of the empty facilities.
- I don't see the possibility of ANY good news (maybe the FBOP beds, but I wouldn't hold my breath).
- My banks have been a bit nervous, not to mention my wife.