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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Bullboard Posts
Comment by truck8256on Mar 05, 2010 6:13pm
437 Views
Post# 16850140

RE: RE: bladerunner

RE: RE: bladerunnerAll ball busting aside, why did you originally purchase the stock? 

I bought at the same levels and once higher than you($5.75). I bought because of management and because they were providing bandwidth solutions. The internet and smart phones are not going away anytime soon and  like cars they need more lanes to lessen congestion. Management has a proven track record of building a company and selling it. When the insiders bailed the first time around I should have followed and got back in at a lower price.  

Lesson learned.

I continued to buy, throwing good money after bad (according to you).  Why?  Every time I asked that question I bought more. All the way to .85 @#$%%$ cents. If you can't answer why you bought the stock or if your reasons for owning the stock have been proven wrong then you should sell.  6000 shares later and an avg cost of $2.09 I am in a position to start collecting. At the rate they are adding new business and with an improving economy I think $3.00 by year end is realistic.


Either bail or buy because  the train is leaving the station.
Bullboard Posts