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Lexington Realty Trust Message Board

  • winmore_98 winmore_98 Apr 17, 2003 1:16 PM Flag

    raymond james

    downgrade nonsense, they don't like how well this stock has done so they issue a downgrade. The sudden surge of lemmings selling allows smart money to buy and get the record date dividend. How convenient. Thank you.

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    • Just a part of the game the monsters play. I have held and continued to purchase LXP for alomost 3 years now, and currently have a 22.3% return. Any small, sound dividend paying stock that is unattractive alwasy receive the same treatment when earnings call come. History astounds itself. The same is for Atlas Pipeline (APL) which has paid between $0.52 and $0.56 for the past 3 years--all tax sheltered.

      Sentiment: Buy, accumulate and hold for later years.

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