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Greystone Housing Impact Investors LP V.GHI


Primary Symbol: GHI

Greystone Housing Impact Investors LP is engaged in acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds (MRBs). The Company's segments include Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments. The Affordable Multifamily MRB Investments segment consists of its portfolio of MRBs, governmental issuer loans (GILs) and related property loans that offer construction and/or permanent financing for multifamily residential and commercial properties in their market areas. The Seniors and Skilled Nursing MRB Investments segment provides acquisition, construction and permanent financing for seniors housing and skilled nursing properties. The Market-Rate Joint Venture Investments segment consists of its noncontrolling joint venture equity investments in market-rate multifamily properties. The MF Properties segment consists of student housing residential properties.


NYSE:GHI - Post by User

Comment by Rocketman5on Dec 14, 2009 5:29pm
281 Views
Post# 16586220

RE: Maybe the corner has been turned

RE: Maybe the corner has been turnedI think you are probably correct.........there have been 2 factors creating selling pressure on the stock (current pp and tax loss selling) and they have almost run their course.

the pp is going to be closed later in the week which means that anyone selling their current free trading shares to participate in the pp needed to have sold today at the latest so that they could get a cheque ready to submit with their paperwork.

tax loss selling will be over with on the 28th but anyone with any brains should have already done their selling either in November or the first 10 days of December so that they can repurchase the shares in early January to take advantage of the spring promotion of drill results on the Ted project (and activity on other projects as well).

this is the low and there will be plenty of upside come January/February. I have added to my position in the decline and anyone with cash in hand should do the same.

GLTA and happy holidays
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