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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
Post by a1broker1on Feb 01, 2012 5:11pm
464 Views
Post# 19476439

Accumulation continues

Accumulation continues

Another day of extremely heavy volume with another increase in share price as institutional accumulation continues.  Chart is very strong with very strong technical reversal to the upside.  Without a takeover the stock is targeted to reach $2.00 to $2.50 by several analysts.  (BTW, regarding previous insider sales, these were extremely minor positions relative to the insiders's full share ownership and are generally part of predetermined share disposition programs, often in blind trusts.  I would not be misled by these minor sales, and would focus rather on the still very large held positions of insiders.  It is common practice for short sellers to use evidence of minor blind trust selling as a false indication of the future direction of a stock.)  The momentum is heavily skewed now to the upside.  The rest of the week should be interesting.

Bullboard Posts