just was trying to figure out your motives, and since it is to make investors still in the stock happy for you since you're out at $16.29, I'll say it: I am happy for you, and I'll add that you made a wise decision (for yourself). I just have a longer term view, have gotten nice returns on appreciation AND income, and do not consider myself an income-only guy, so maybe we can just agree to disagree.
cost controls an excellent strategy when revenues are short; applaud management for prudent cost-cutting. looking forward to improved upside on gambling pursuits.
at least the releases are fact-related, vs. one investor's justifications for getting out. yes, it is much more meaningful, IF you continue to hold the stock, to hear what the company is doing right vs. how the dividend % is declining as price increases...this is not math class. i don't bash others - or even get disgusted - but what bothers me is when FORMER investors try to sway others...hope to see $16.29 soon. I think I even said good luck with your other choices - what more do you want?
did anyone sell on the bad news of the restatement & CFO resignation, only to see the price spike thereafter? since the tender offer was made so quickly after the news broke, there were bound to be some big losers...and LOTS of regrets.
for most, the "half as many shares" purchased through reinvesting is but a tiny part of their overall holdings...the fact that you can get significant appreciation (which MANY of us have gotten) with a solid and unwavering dividend is why most continue to stay long. If you sold, you made money; so, why continue to explain your decision? I will stake my entire holdings in MPW that we rise well above "16.29" sooner than later. Good luck with your other investment choices.
if you sold, why are you here? to convince others to follow you? if so, please know it's not a herd mentality with MPW...just folks appreciating reinvested dividends at lower prices - which is a positive.
still accumulating, as this REIT's recent price activity has not shaken my belief that it is one of the - if not THE - most diversified in the health care arena. Other REITs mentioned on this board - I owned NHP, OHI, and others in the past, so I know them well - are heavily invested in "senior health care properties", and while I fully support and have participated personally in caring for the elderly, I do not feel the government feels the same way. Therefore, I feel senior care is more risky looking down the road than, say, hospitals, rehab hospitals, long term acute care hospitals and specialty hospitals. I will continue to buy...good luck!
management changes (first, Brogdon leaves as CAO, now CFO gone, right?), changes to historical earnings, late filings, etc. What's up? Anyone with any news please bring it forward, because it appears SOMEONE is buying; no news of possible sale, etc. Could this jump have been anticipated by "average" shareholders? are other skilled nursing companies up as well?
picked up some more under $15
IMO, no reason to sell unless taking profits. Divvy still strong, with likelihood of increasing shortly. I have been - and continue to be - long, reinvesting divvy as I go. MPW has never steered me wrong, and don't expect it anytime soon. Good luck all!