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iStar Financial Inc. Message Board

burritosburritos 10 posts  |  Last Activity: Nov 16, 2015 6:42 PM Member since: Feb 3, 2003
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  • Reply to

    Are the Portnoys losing a lot of money?

    by burritosburritos Nov 13, 2015 1:02 PM
    burritosburritos burritosburritos Nov 16, 2015 6:42 PM Flag

    I think you ski behind motor boats, not yachts

  • Reply to

    Are the Portnoys losing a lot of money?

    by burritosburritos Nov 13, 2015 1:02 PM
    burritosburritos burritosburritos Nov 15, 2015 4:40 PM Flag

    I presume most buyers of SNH are buying for the dividend. If you are reinvesting the divvys then you are actually getting more stock on the reinvest. This might be wishful rationalization, but 10 years from now, isn't won't this be looked back upon as a buying opportunity?

  • Reply to

    Are the Portnoys losing a lot of money?

    by burritosburritos Nov 13, 2015 1:02 PM
    burritosburritos burritosburritos Nov 14, 2015 6:54 PM Flag

    I understand that they probably didn't put in any of their own money to get this windfall. Nonetheless, if my familiy had gotten a 45 million windfall that lost 13 million dollars in value in less than 6 months, I might not be feeling all that great.

  • Reply to

    WHY?

    by xquestor Nov 6, 2015 2:31 PM
    burritosburritos burritosburritos Nov 14, 2015 6:51 PM Flag

    Ok, but will this subversive action bankrupt the company? That's not their goal I assume since they are trying to acquire more shares. I as an outsider do not want to be robbed nor am I entitled to crazy gains. But I'll tolerate the fluctuations so long as I get the dividends(which I reinvest anyways and the lower the price the better I suppose).

  • burritosburritos by burritosburritos Nov 13, 2015 1:02 PM Flag

    From the insider transaction history Adam and Barry acquired $45 million dollars worth of SNH stock just from one acquisition from June. No reports of stock sells since. Just from that one purchase alone, they've lost $7.8 million. Why aren't they selling? Either they aren't savvy investors, they have more money than god so they don't care, they aren't allowed to sell, or this recent price fluctuation isn't worrisome for them. What do you all think?

  • Reply to

    WHY?

    by xquestor Nov 6, 2015 2:31 PM
    burritosburritos burritosburritos Nov 13, 2015 12:52 PM Flag

    How could RMR purposely bring down the shares?

  • Reply to

    WHY?

    by xquestor Nov 6, 2015 2:31 PM
    burritosburritos burritosburritos Nov 12, 2015 1:45 PM Flag

    Thank you. That's very interesting. I see this as a more plausible explanation to the price fluctuation as opposed to the general "the fed is raising the rates soon" proposed by some. I may be foolish, but I just don't see it as a long term red flag, as opposed to a Bernie Madoff type situation.

  • Reply to

    WHY?

    by xquestor Nov 6, 2015 2:31 PM
    burritosburritos burritosburritos Nov 11, 2015 11:46 AM Flag

    Ok. Thanks. I just wanted to make sure I haven't missed any fundamental issue specifically with this stock. I scanned the news articles related with SNH and there isn't anything alarming. Sometimes online posters might have some feedback, though trusting it it can be perilous I suppose.

    Sentiment: Hold

  • Reply to

    WHY?

    by xquestor Nov 6, 2015 2:31 PM
    burritosburritos burritosburritos Nov 10, 2015 8:54 PM Flag

    The fed pumping money into the system and the economy going into some hyperinflationary recession is fine and all, but what about SNH? IOW, this isn't like VW where something really bad has happened specifically to the company has it? Let me reiterate, I don't care what the stock price is, so long as it doesn't go bankrupt and it keeps spinning divvys which I reinvest. It's in my ROTH so I can't put more money into it. But I've been getting 2k a year in dividends reinvested which was the original amount I vested in my ROTH around the year 2000. So long as it goes on like that, I don't care if the stock is 1/share.

  • Reply to

    WHY?

    by xquestor Nov 6, 2015 2:31 PM
    burritosburritos burritosburritos Nov 10, 2015 1:22 PM Flag

    I do follow the fed but how is that affecting SNH? SNH is one of the few stocks I own. I bought it 10 year ago, and just reinvest the dividends. It represents less than 1% of my portfolio unless it is owned in index etfs. So long as it continues to spin of dividend and doesn't go bankrupt, I honestly don't really care. Is there any risk that it's going to go bankrupt?