Did anyone else read article in Investors Business Daily on Saturday? The article discussed how S&P is carving REITS out of the Financial group into their own group later this year. Hopefully that will give a little pop to all REITS when certain index funds have to reposition their holdings.
Unfortunately, when you sell, much of that tax deferred distribution you received must be recaptured as ordinary income for tax purposes. Lots of KMP unit holders got really slammed last year in taxes when KMI acquired all of the KMP units.
Good article in the Dallas Morning News, business section, today regarding railroad mergers. It noted that KSU is prime takeover candidate as KSU is exempt from certain anti-competitive restrictions, thus making it an easier candidate for purchase.
I bought SUNE at $9 on October 10th as I had been watching the stock for a while thinking that it had stabilized and after hearing an analyst on CNBC. I knew better than to listen to the talking heads on CNBC but bought the stock anyway. I would like to hear that same analyst come back on CNBC and make his case now.