RE:Here's why I am PISSEDsnake123 wrote:
This has been the story the past 2-3 weeks: Oil UP, stocks UP, Reit sector UP, precious metals...Up, rare earth minerals UP, horse maneur futures UP. YOU GET THE PICTURE. EVERY FUKEN THING HAS SOLID GAINS. AND THIS CRATERED 10%. They need to clean house internally- get rid of all management. The 3 year plan is a ponsi scheme...selling properties in T DOt that are appreciating year over year and will be worth way more in 5-10 years, cutting our yield, and using money in the most useless fashion- to pay down cheap debt. Given where oil and reit sector is, this should be $24 now. PATHETIC!!
The shares pay almost 8%, the debt is what?? 2 to 3% range?? buying shares makes more sense as the payoff is much greater...... Or i might as well sell my shares and start doing loans to people at 2.5%... it wouldnt make much sense would it since this pays 7.8%...