GREY:MSTUF - Post by User
Comment by
maypeterson Dec 16, 2016 12:01pm
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Post# 25610508
RE:Note to maypeters
RE:Note to maypetersdepends on what you are looking from the stock. If you are looking at distribution income with some capital growth - MST is a very good holding.
Of course if you had sold 3 months ago and gone into the stock that you knew would go up 15% in those 3 months - then I admit you are either lucky or a genius.
But not possible over the long term.
Also - studies have shown that REITS do not necessarily fall in the long term when rates rise. Some of course fall more than others but apartment reits are in a good position to counter these small rate hikes and with Milestone payout ratio being quite low and the asset manager being internalized - this stock will show good upside as time goes.
Some folks buy on dips and some sell on dips to move to the stock which has gone up - you may not be doing the same but i may have interpreted your wording wrongly.
Good luck to you and of course to all others