Tommy.... put the short back on if you dare.... if you listened to my set it and forget it... you would be doing well today.
jonesey.. set it and forget it has now passed... wake -up tommy boy.. tomoorow we trade on the nasdaq..the market makers will be ready for us... We have 2600 units left to unload.. 545 was a great start.
Jonesy... I think our days of frustration will soon be gone... the fact that everything in the RMR GRP of doing well..bodes positive for us in the big picture... the value in FVE is real... We seen that today witha check for 545 units @ 205K each..we have another 2400 units...sell them i say..cash and stock...
we would have rev of a billion, EBITDA of 50 million,..close to $5.50 a share in cash... and 200million of SNH divy playing stock..with a growth profile going forward.
200 million cash 200 million in SNH stock back to FVE shareholders...o.k convert price @ $21 on SNH.
that would put another $4.00 a share in cash on our books
or $6.50 a share... it was an obvious low ball bid..not worthy of discussion... mckay was'nt giving up his right to covert his stock ownership for nothing... he'll get twice the value in cash and stock from SNH when portney gives the nod.
I'd say..the delisting information was more pressure than expected... Portney made a nice counter play with some share holder unlocking a day prior to.... there lots of value here..short pressure on big divy like SNH and Gov are way way down.... who wants to short a 7.5% divy payer like SNH... yellan cant pull the trigger on any hikes for the lov of god... our realestate has now become cash... Mckay and partners will eventually want there large stock positions converted into cash generating divy plays..so cash and stock from SNH is the obvious play from here on in.
All of the RMR group of stocks way up these days.. RMR,GOV,SNH, HPT,SIR... who can explain this?
FVE is barely trading above its new cash position. We should be trading close to our 52 week high of $5.00 a share.
Five Star Quality Care Incorporated $ 1.67
Short Squeeze Ranking™ view
Daily Short Sale Volume view
Daily Naked Short Selling List view
Short Interest (Shares Short) 1,686,000
Short Interest Ratio (Days To Cover) 8.5
Short Percent of Float 3.80 %
Short % Increase / Decrease 4 %
Short Interest (Shares Short) - Prior 1,626,400
I'd take half in cash and half in SNH stock...... We have close to$10 a share in value here.. we just recorded 81 million net of book onthis deal..that $2.00 a share..We could be sitting with close to $1.50 per share in cash.