You are consistent if nothing else. To continue to tout the merits of this play by focusing on dividend yield while the pps to erode away is remarkably obtuse.
another 52 week low for this wonderful bargain buy stock.
Went through 8 without blinking. This POS is off over 15% in a month and spiraling downward. Wonder what the real story is since these guys put out zero info to the public, but all indications are the insiders know something that is driving this down. I'm thankful i only have 500 shares.....
I love geniuses like yourself who are so desperate for attention that you make posts like this....just go away
Gee once again you are right "likely to start to see the price move up this week." and if you're happy with losing 7% every couple of days power to you. Maybe if you hang in there a little longer you'll see so increase in the pps again...from another reverse stock split.
and not surprisingly it isn't going up, rather eroding away more than 7% in the days since you bought in at 5.82/ All of this insider buying at this point just reflects a not too bright management team. Face it DF...this has never revered from the reverse split in four years ago and likely never will but you keep up that happy song.
If nothing else they have always been pretty good projecting their divs for the year. Will they cut it for next year? Maybe.... but I'd bet this year will stay at .16/Qtr common.
Speaking of ignorant...since you like to toss out stats and such lets all just note that your last buy was 5.82 which is off .46 to date or 2.5 quarterly divs at the current rate...8% of pps and that is just in a week Sort of makes your touted strategy of buying low/selling high around a core a bit questionable. Maybe the market is just anticipating another a dismal quarter ...or maybe folks know a bit more than you profess to when it comes to this company. Reckon we all find out in a couple fo days. Anyway that shakes out its a safe bet that you will be singing a song of joy regardless of the numbers then. Don't get me wrong,...I m not taking a shot at you personally, you do a lot of research and homework but its obvious that you violate that age on adage about not falling in love with a particular stock and its just this steady mantra of skittles and rainbows on the horizon that wears pretty thin when stacked up against reality.
You are truly an idiot. A new 52 week low trumps your endless drumbeat of good times are coming.
i don't see it going that low given the company's value but clearly Cohen doesn't care about shareholders or evidently even how to manage this operation. if this was a a perfect world he would get run out on a rail, but this Board will likely just reward him for his brilliance withj a bigger bonus,
no argument here but i suspect they will stick to the .64 div for this year at least. I am impressed that they are stepping up with some insider buys but still suspicious of his crowd. This price is ridiculous.
I have to wonder what the underlying weakness is here...no other REIT that i have has taken the recent pounding like RSO (RAS..another Cohen originated play being a close 2nd). If all was as good in the future as suggested, the pps would not continue to erode...and add off @35% from a year ago to the stats. That is essentially two and half years of dividends.
Since Coopermsan bailed this good investment has become a steady loser for longs. He isn't an idiot so why would a savvy investor like that not hang around for all the skittles and rainbows that some are forecasting? And really I'm still sort of surprised what a pasting its been taking lately. We'll know in August what the real story is...but the trend downward seems to indicate that it wont be good. I've been a holder of RSO common far a good while but won't put another dime in this now. the further from 5 this gets the harder and longer the recovery.
If you did add then, you'd be off about 13 months worth of dividends in the last month Its off over 30% from a year ago and translating that into dividends...almost three years worth of loss there ..worse yet..its still sinking by the minute. Evidently there is something terribly wrong with this company which Zacks was singing the praise of not hat long ago. Where are they now?
Most REITS have been getting hammered lately although CIM had held up better than most. Whether there is logic in that or not is questionable, but the whole sector has been pounded for a good while now.
and that of course is the issue that some (DF) refuse to confront, BV continues to decline.
I've had them for ten+ ..not exactly a new trick..the RAS two step..oe forward and two back. All part of a cycle where eventually there will be another reverse split and it all just goes on.
Gee give us more of your advice and analysis since you are obviously some insightful genius. Don't clutter up this board with this nonsense...if you need to get attention to yourself please go somewhere else.
I'd bet they'll keep it at .16 for the rest of this year, but next is up for grabs. It is telling though when funds were flowing into utilities and REITS today and RSO was barely able to stay over 3. Wasn't that long ago when it was 7. I really got burned on this one.