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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

Post by amugsgameon Apr 29, 2014 8:00pm
371 Views
Post# 22504898

That 10 mil. share bought deal

That 10 mil. share bought deal In February Sandvine announced that $33 mil. deal for 10 mil shares. I know there are some die hards around here who have the "buy and hold whatever happens" approach but a quick 20% profit probably dosen't look to shabby to the buyers of that placement. In the last few days there has been a steady stream of shares on the ask side while the bids keep the price up but the pressure is weak. Look for retracement here after the recent run and if the $3.82 level is broken then it may be a slow decent...remember there is still that $3:20 / $3:40 gap that is calling out to be filled. Trade smart and protect your capital!
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