There's the problem!!! Still have to do something with the cash!
People will look back one day and realize as much!
Was down today (9/18) because people with BABA IPO allocation sold to raise cash to buy BABA ... but YHOO still has to move up in tandem with BABA!!!!
Smart money (a/k/a as "Qualified Investors") can get in on the private REIT ... so why would they buy RICK on the open market?
Private REIT is going to suck the money right out of the public stock. To make a REIT work, one really needs a public spin-off REIT, like PENN Gaming or something like it. That was the original plan; now it's not!
... he's got so many stock options ... don't think it means much! It's like moving money from one pocket to the other: Yours to his!!!!!
Yeah, they need to get the concept right. At one time California Pizza Kitchen was red hot ... and then they lost their mojo ... they starting getting cheap in terms of cost cutting. Chipolte is pretty smart ... you can't squeeze every penny out of a place ...
Going to happen. Fear is that the overall market could crash or BABA IPO won't take off for some reason... but summer months are pretty steady ... and BABA management seems pretty smart.
Yeah ... I would say the Street is starting to understand how the private REIT might work.
"ORDER: On June 24, 2014, the Court held argument on defendants' two pending motions-to strike the expert report and testimony of Dr. David Crawford and to decertify the class. During the course of argument, plaintiffs indicated that they wish to move for summary judgment as to the following issues set forth within. Defendants indicated that they may file cross-motions for summary judgment as to some, if not all, of these issues. The Court sets the following schedule for any such motions for summary judgment. Motions for summary judgment are due July 14, 2014; responses are due July 28, 2014; and reply briefs are due August 4, 2014. "