There is no free lunch MRWC. Your "FREE" college would have been paid for by me and Corr. You would have then been asked to leave with your 1.6 GPA.
Thank you so much, Amazing Cheetah. You are the best.
Yes, there are other things I would like to know. Such as "How do you function in life with such a poor attitude?" but I will save that for another day.
Hopefully someday I will be able to trade like you.
Cheetah - can you tell me how many millions you have made on MU stock and options? I notice you sold your shares within .25 cents of the 52 week high. That is quite an amazing feat!
Thank you in advance.
We have a poster like that on the Realty Income board. Over the past few years, the stock has gone from $25 to $63, yet he has made millions by shorting a stock that has gone up close to $40. He must be Cheetah's twin brother.
Every investor is allowed to have any position in this company. Now, he is down about .50 cents per share on his short position - but the company got a bump today and they do not pay a dividend. So he is down about 5% already.
Please give him a chance to explain his short position and why the company will not prosper.
1) Long term lease is signed
2) Increases are based on the CPI increases.
3) Rinse and repeat
This is how O has done so well for the past 30 years. $18 to $63 is a pretty good track record.
The new bonds issued by the company are senior SECURED and the company has pledged most of the assets for this bond sale. For small investors, they are issued under 144A, which means only the big players can buy the bonds.
The other senior bonds have now gone to the "back of the bus." However, they may still be a good way to play the company.
Duh - rents can never go down for these companies. O is the expert in triple-net leases. They only go up and up and up.
Rent increases are based on the CPI. So if interest rates go up, that means the Fed is fighting inflation.
Just read a couple of the leases this past week, it is all there in writing.