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AdCare Health Systems, Inc. Message Board

ybpoor 1 post  |  Last Activity: Apr 13, 2015 8:22 PM Member since: Feb 18, 2010
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    Cashed out today

    by dcxavier Apr 9, 2015 10:51 AM ybpoor Apr 13, 2015 8:22 PM Flag

    I would think that the folks that buy the preferred are "friendly" to the company and are making a fantastic return while they await the plan to fully develop. I would get back in at this price and watch for the next dividend announcement. Although I expected the stock to act better with the announcement I believe that folks have to get comfortable that the dividend will continue if not be increased in the following quarters. It would not surprise me if ADK didn't grab Brogdon's new start up, Global Healthcare REIT, Inc. I think I saw that Global now has ten properties and never took on any operations expense or drain on capital to get occupancy. This time next year we will be at 9 cents a quarter and increasing a penny quarterly till year end. this will take the stock to an $8. price if market allows it to price at a 5% yield.

    Sentiment: Buy

3.89-0.03(-0.77%)12:17 PMEDT