I did not say I own the overpriced piece of #$%$,I stated that LXP along with other dog reits that I DO OWN have been going up because of reasons other than their fundimentals.
Just because the piece of garbage is going up doesn't make it a great company,FFO is going down and the divy isn't going up. Happy you are doing well but the rising tide won't save LXP in the long run
gtw get a grip and not on yourself. The directors didn't receive enough votes,big deal they could have resigned and went on their merry way,what would that prove or matter. RMR would just appoint new directors. Its not like someone put up another slate.
AS I posted on the GOV board,HRP has outperformed the lodging reit sector for the last 18 months,throw in record FFO and the fruitcakes in CA want them out
Lodging reits are out of favor right now so any increase is surely a reach for yield,that said HPT will still make close to 4 bucks this year and they aren't in overbuilt NY or San Fran in any big way There is also the S&P making reits a class of their own which is adding fuel to the fire
Yardman,you aren't the sharpest tool in the shed,if you think that LXP is going up because they are a great company there are bridges all over this country I am willing to sell,
LXP along with a few REITS I do own are going up because of the interest rate situation and the upcoming change in the S&P classification of REITS.
Thomas is a phony that likes clicks and pretty graphs,thats about the same as an idiot. LXP fortunes haven't changed and the div hasn't gone up. If a company made a buck last year and will make a buck this year and is projected to make a buck in 2017 its a piece of #$%$,thats LXP
I think I have read your possible div raise for at least 2 years now,maybe the broken clock you own might be right some day
Funny that HPT is the best performing lodging REIT for the past year and a half,but the want the directors out. Tells me that the hedge funds are out for something other than REAL shareholders. Something you wouldn't understand