I assume there will be one or two new 10% owners when the Q2 reports are filed.
I think this stock will be over $25 by August 31........and perhaps a buyout at $32-$35 by the end of the year.
A solid 3% yield will be the new normal.......and FCPT will be yielding 6% when they put the $350 million to work. I love this story. FCPT is flying under everybody's radar. :-)
Germany, Italy and Spain all have astronomical debt, huge entitlement deficits, an aging population, and a massive inflow of refugees ho have no skills. They have no future.
I don't blame Britain at all for getting out of the EU. Others wlll follow.
China may be prepaing to collapse soon. All Chinese banks are insolvent in the same way Lehman Brothers was. China's financial crisis will be 10x bigger than ours in 2008.
Cash and high paying US dividend stocks only please. Have a nice day. :-)
It was up all day and until the last trade. See the chart. I posted one minute too early. :-(
7.2 million FCPT shares traded today......about 10% of the outstanding shares. 14x average volume. Something's up. REITs become a sector August 31.
You can buy FCPT on Monday and still get the rich 24 cent quarterly dividend. Goes X-div. on Tuesday.
4 more EU countries will have referendums within a year.
Worry about China......Chinese banks are holding $Trillions of completely worthless real estate loans.....and carrying them on their books as full value. Anybody recall CDOs or CMOs......or 2008. Well multiply that by 8x in China.
Buy cigarette companies......people will be smoking a carton a day. :-)
Until after the US elections and assuming that Trump won't win.
Sadly, this move by China may help Trump win.
Apple is now the most political stock in the world. Apple is currently under attack by the EU, the FBI, Donald Trump, and China. And Apple is perhaps the fairest, greenest, and people friendly company on the planet.
The Chinese people really need to Chexit their government and replace it with a Democracy.
Then fire Shari Scribner. :-)
Americans with hotel reservations should cancel them and re-book next week for 20% lower prices.
Tourism to Great Britain will boom.
Buying more today, I would assume.
Hmmmm. Americans will still pay their phone bill even with Brexit?
Will Americans still eat at Olive Garden? FCPT
Will Americans still use their air conditioners? SE
Will Americans still smoke? PM
Days like today are why you have plenty of cash on hand. :-)
Dow is now up 100 points after the first 5 minutes. :-)