American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

RE:RE:RE:RE:RE:under 3.60 is just true gift in christmas.

[flamingogold]

You are correct, I am not holding the stock and I made it clear that the stock broke resistance at $3.71 and that weaker support is at $3.54. But, I would be a buyer at lower levels around $3.

The market sees too much risk at this stage and an approx 5% distribution is not enough for that risk. One can buy stable preferreds for that rate. So, the share price is being reset lower and subsequently the distribution rate higher, to offset the increased risk.

navajojoe wrote:

flamingogold wrote: When you factor in the withholding tax and the conversion, the rate is only slightly more than 5%. Hardly dishonest especially considering that I didn't come up with the 5% number in the first place, the other poster did. I simply referenced it as my post was more about his question on TFSA's and withholding tax, which I posted a link on for his reference. 

 

You're just making it worse. If you actually held the stock, you wouldn't be posting such uninformed nonsense.