Post by
SNAKEYBOY on Sep 27, 2022 1:22pm
Crazy man
This isn't specific to artis but even HR and other REITS, where they get on CC every quarter "we did amazing, we increased NAV another $2!", then you see no insiders buy at 40% off, now 60% off. Im beginning to think they just do that to make themselves look good.
Comment by
Reece1986b on Sep 27, 2022 1:34pm
I would really like to see REITs selling more assets even if it is below NAV. Use the money to buy back more shares.
Comment by
SNAKEYBOY on Sep 27, 2022 2:29pm
Yes, as long as the SP to NAV spread is 30%+ it seems worthwhile
Comment by
JMOttawa on Sep 27, 2022 2:47pm
It's entirely possible that they have no further liquidity to do this, just like the rest of us ;).