This starting to interest you yet? Or are you seeing more negative trends. I am back in but I must admit I don't really see any short term catalyst that makes this stock go to 6 or 7. What are you thoughts on a realistic ongoing DIST? Thx
I added at just over $5 in the first collapse after the distribution cut, then watched and waited as the price rose in the wake of the RGP deal and then subsequently fell again. A couple of weeks ago I added some more I think around the $4.80 area. My holdings from earlier were purchased in the $3's back in the earlier collapse from a number of years ago and those units were at zero basis already before I just added.
So management have been terrible but I don't mind nibbling when the price gets low. Hopefully they can maintain the new lower distribution although we haven't heard much from them in the way of acquiring properties. I would not back up the truck though as I still see this as quite risky.