Since Motley Fool, like Seeking Alpha, and Barron's surprisingly enough post "articles" contributed mostly or entirely by readers with only self interest in mind I personally don't place any import on their content.
mmac, not sure your intended target, but when a stock drops 15% in 10 minutes investors have found something a bit disappointing.
Just bought half the position I want in extended hours trade. Very interesting business, specialized ad placement. Even though they disappointed somewhat with full year '14 guidance I believe there are 2 things that can drive PPS. One, takeover target, and two, strong potential going forward. I agree that there may be an averaging possibility coming which is why I only took half my position.
NCT still holds CMBS debt and unsecured senior debt in other Senior Living REITS. They hold a very diversified portfolio of debt, I believe all Commercial, and mostly secured by Senior Living assets other than the aforementioned unsecured senior debt. It will be interesting to see if Management gets out of some or all of these debts and into bricks and mortar Senior Living Centers, so to speak.
I will hang onto my current position and just add after ex-d. My yield will be about the same both ways. Yes, I agree to some extent about them spinning off their Media position, at least 85% of it. Keeping 15% isn't a tell in NCT management thinking about potential gains in Media . For me an important stat will be how much debt goes with the spin off. I expect quite a bit which will help NCT. Historically, not necessarily for NCT, spin offs take some debt with them. As I said, I just want the REIT for Senior Living.
My original purpose in buying NCT was to get into the Senior Living space as well as to hold a REIT in my portfolio. I'm pleased with this spin-off simply to get closer to a pure play in what NCT excels in, Senior Living. The media/advertising space is not what I'm interested in as dilution seems constant with all or most of the social media cos. increasing their shares of the ad spend, and at least print media losing. I will sell the Media Group and put the dollars back into where I want to be, Senior Living and consider it a long term holding.
Seeking Alpha is, for the most part, a group of self serving "contributors" along with Motley Fool, Barron's etc. It is a disturbing trend in "financial news" websites that the readers contribute all the content. There are some knowledgeable readers though.
Sir mu, I agree about PTY not having a special distribution this year, or not much of one any way. PDI has 1.29 UNI +or- a little . They haven't announced yet either.