A rising tide lifts all boats, and the stock is merely going up with the market. Making a profit is the only real way to provide value to shareholders.
I don't think you are related to the Scarecrow at all, as he seemed like a very nice fellow.
Actually, I do hope the company starts making a profit as I would like to purchase some of their 8% bonds, but won't do it until they can prove they are able to turn a profit.
What I don't get is how this company can lose so much money the past two quarters. It's basic math.
Paying off the 150 million deferred is very unlikely and I am not even sure how the company will do this. Clearly, they do not have enough cash to pay the high rents being charged.
David, I am selling off a number of my REITs that have done well the past few months too. Taking the money to the bank.
In the next 6 months, there will be better entry points for all securities.
Wow, the REIT rally of 2016 will go down in history as one of the best bull markets for REIT stocks in many years. I may even smoke a victory cigar next week !!
It has been good year financially for me. Think I will give away a lot of my profits to some local charities. The animal shelter in my area could really use the funds.
This country is only free due to the hard work of our members of the armed services over many years. Thanks to all of them for their dedicated service to the United States. I owe you my freedom.
Most investors here probably have a 300+% return on this fine investment. Me and my wife's holdings were all in IRA accounts, so the gains are not taxable until I start drawing them out. A fair amount were in our ROTH IRA accounts, so the gains will never be taxable !!!!!
Happy 4th of July to everyone.
David, everyone should be selling O at this price level. The other stocks look like good, long-term holds.
I have been buying a few shares of NSS over the past week. Enjoy the holiday weekend!