More nonsense from gwplant:"...easy when there is a big love in with the stock but now with the hard time you disappear". You haven't got a mouse's fart of a clue of what you speak. I have been holding this stock since 2005 and have never sold a single unit even when it was trading down at 2.30$ (approx) at the worst of the crash. I have been in the market continuously since 1964 through all the good and all the tough times and I rarely sell on fear or panic, in fact I have never sold during such times.
SouthernX don't worry about the price, if you are in this for the long haul, you will see your money, don't worry about that. This gwplant should be planted alongside Layton...oh I forgot, Chow burned him to a crisp...now that's real love for you. Maybe gwplant will get a state funeral too, I mean that's protocol isn't it?
gwplant: if you can't say something positive...why even bother. I haven't seen a single insider sell a single share through all of this recent debate over the stapled-reit structure and since you regularly attend annual meetings, then I am sure that you are very well informed about who these people are and why they are holding on for the long-term benefits. Innvest is very cash-rich right now and they have properties that represent some of the best hotels in Canada. Their debt level may be a tad too high but Gibson addressed this issue during the teleconference and Management has the full intention of starting to lower this amount, over time.
Innvest will come out of this stronger than what they were before the crash and since we know that hospitality/discretionary spending and service and lodging are usually the last of all sectors of the economy to recover, then sit back, enjoy the distribution and have patience. No-one has your kind of crystal balls to be able to predict the future so assuredly as you do. Where can I get a set?