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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 0buylowsellhighon May 03, 2016 1:31pm
301 Views
Post# 24837520

LOOK OUT BELOW!

LOOK OUT BELOW!Well its here now...the dreaded $2.62 with panic selling at high volumes!  SVC was more than 20 cents higher just last week. What happened as SVC was buying more shares then ever before. There were two "news" items.  What is happening is that SVC and the shorts are pushing the share price down. Brad 'badboy" Siims sold. The news was meager gruel with little details and no values placed.  If the $2.62 level breaks then technically this stock is going much lower as said before. Still happy shareholders?  Hey now shareholders can wait for more than a 10% rise just to get to the level it was at yesterday, never mind two years for 20%!!! Happy$$$Hunting!!!
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