The down day does not have anything to do with Vereit's refinancing. The 10 year Bonds are a good business decision. As we noticed today several Fed. Officials said rates may go up 2 or 3 times this year. They are locking in the rate for ten years. Management has good control. DD. IMHO.
Interest rates will be going up within a year and locking a lower rate now is a good financial move. Management is looking years ahead and working on a long term plan which will move toward growth, profit and a cut in some expenses. Another strong volume day with accumulation going on. DD. IMHO
The order book volume on the bid side very strong while sell side is low. This shoes strong buying interest in Ver. This Company is on the move up with strong interest. Days ago I said $10+ next quarter but it looks like it will hit that target this quarter. Dad. INHO.
Just some normal & Healthy profit taking. Companies management and company direction going in the correct direction. Finally! After nice run up last several day it's normal profit taking. Heading to $10+ in next quarter. Dad. IMHO.
The instructional, mutual fund & retail buying appears to be strongest in recent memory. Close to 52 week high. Increase in dividend and restoring monthly dividend rather than quarterly would send this stock higher. The bad news is behind us and looking for further good news. DD. IMHO