Service Properties Trust T.SVC

Primary Symbol: SVC

Real Estate REIT - Diversified

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.

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Service Properties Trust > Love the After Hour Trading Crosses :)

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Comment by Pandoraon Jun 04, 2014 12:52am

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Post# 22627671

RE:RE:RE:RE:RE:RE:Love the After Hour Trading Crosses :)

barney, the day it hit $4.08 a couple of weeks ago I tried to take a little profit with a partial sale at $4.05. It dropped and did not come back to my ask. My broker tried telling me to drop down to the bid and I said no. Of course it's now $3.63 and my broker thinks I'm an a-- ... and I wonder a little myself.
A move like Descartes would now look very appealing -- just getting back over $4 would help take the egg off my face. When it moved over $4 I thought we had established a new price point -- certainly didn't expect a 10% correction.

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