You make some interesting points, except that they are all wrong. O does not own strip centers, but single tenant buildings. Business is improving and their occupancy rate is 98%+. Lending is not getting tighter. The company's profits are increasing and so does the dividend. So except for getting it all wrong, your post is very informative.
I agree. Its like when department stores sell off old inventory at a big discount. It frees up money for new purchases.
Its usually that or sometimes he is back from shock treatments. He did mention he had gotten a good deal on a cruise to Puerto Rico right before the storm. So I think he is just getting over that
Oh no! more confusing English from the Donk. Nosedive is like death spiral. It can mean up or down. And easy profit can mean gain or loss.
slap, he has really degenerated. In the past he used to try to make points with incorrect 'facts'. Now mostly just silly nonsense. He talks about swordfish, but really criticizing O is like being against mom and apple pie
That sounds like a great idea. Sadly he has been here for about 8 -10 years, not a couple of months. It is his sole purpose in life to post here. He has even been kicked off Yahoo and came back with new aliases. So the best we can do is just laugh at him and have some fun.
Can you replace this safe dividend once you sell? I have owned for years. Do not even know what my basis is anymore, just collecting $1 per year
I guess you mean 2008-2009 , that's when there was a 'declining economic environment'. And PNNT held up great. Now the environment, other than energy is NOT declining.