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%
Jake, you keep posting BV at $4.52 Per Share, but there is nothing in Morningstar's Data that shows ARR BV at $4.52 Per Share. So where or how are you coming up with this amount? If you can't provide as such then I can only surmise that your full of sh@t.
I just looked at the 8K filed on 2/13. I saw that there were 353,163,549 share outstanding at 2/12. But cannot find any specific data stating a Book Value or that I can compute a BV otherwise? So would you please show a link or otherwise how you came up with a book value around $4.90 a share?
Ladies and Gentlemen, on this side of the ring weighing 303 1/3 lbs. representing those dirty down Shorts is Dave the Stock Killer. And on the opposite side of the ring coming in with a weight of 165 1/4 is Skinny Steve aka as the King of the Pumpers. Okay, the Boxing Referee has separated the fighters to their respective corners and we will be awaiting round 1 when they come out swinging with their Book Values in hand. Remember this is a 10 Round Match with the winner having successfully pounded his Book Value into the Brain of the respective opponent.
How about a positive Earnings Report with income per share that exceeds it's dividend and an increase in BV. Personally, I don't see either scenario. These folks at ARR don't even tell you when Earnings will be released.
Hey Jake, I see how you conveniently left out the Income Statement Data.