jumbo, you summed it up well as far as what to expect. The timing is all speculative. What is probably taking a lot of time is the review process by the SEC. This spin-off scenario is a major undertaking and very complex. So I'm sure the review by the SEC is going to be lengthy.
If you believe what this idiot is saying than I have some prime real estate I want to sell you in the Everglades. An 80% increase by the end of 2015? Totally ridiculous.
I finished listening to the CC replay a little while ago. I'm impatient like the rest of us here but can sense from the call the complexities of this spin-off which they said is the first of it's kind trying to be achieved by an Investment Company. It'll probably take another 6-9 months but I'm resolved to stay the course.
At least that's what I'm reading out of the announcement. What further clarification or assurance do you think investors can take away from the Conference Call?
The last time they reported Earnings it was released on Newswire at 4:05 PM. I don't by this waiting until After Hours Trading is Closed. But here we are at around 5:30 and nothing.
Putting $300K into this stock is a gutsy call. I don't how you can speculate that the company is going to increase the dividend in March when couldn't cover it and cut it in January. And the .04/month is barely covered by NOI.
Or has the Street priced it in already?
This speaks for itself!
Net Shares Purchased
% Change in Institutional Shares Held (23.43%