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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 a1broker1on Jul 05, 2017 2:25pm
279 Views
Post# 26436248

BE CAREFUL, $4.25 could be it, if bid blocked, back to $3.80

BE CAREFUL, $4.25 could be it, if bid blocked, back to $3.80Don't be carried away with a firm buying huge numbers of shares since June 20th, as those shares could have been purchased as low as $3.90.  As such, even at $4.25 the firm already has a decent profit.  No where does the news release indicate shares were purchased near $4.25.  Definitely a 3rd party like IBM or CISCO could swoop in, this is pocket change for them.  Or, Vector could match the current offer of $4.15.  If no new offers, obviously the stock will drop down to $4.15 or less.  If somehow the government scrutiny does block the latest bid due to security concerns, the stock will go back down to $3.80.   Each investor has to decide how much of a gambler one wants to be.  Just remember, right now the stock trades above any current offer on the table.  Lock in the nice profit?  Or gamble?  Only 1 day to go, good luck!
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