RE:RE:Sold out at 2.91 Well said, one thing I have noticed tho right across the board, nothing I own has really moved at all in the last 6-8 months, sure you get this little burst for a couple days and then bam the media barfs out some utter garbage and the markets give up 2-300 points in a day. Like the TSX is sitting just over 21,200 points and it's pretty much lived there, or at least in a window around that. It could be alot of the stuff I buy as I typically just buy income stocks but nothing I've been watching has done much to get very excited about and when they do they dont hold either. But I agree with what you are saying here as we really do consistently stay undervalued here and so do reits bearing that word "diversified" cheers
babedinkleman wrote: Nice.....this junk never holds gains.....never. Always goes up into the dividend and then sells off the dividend and then some in the days that follow. The market didn't help either.
At some point management here may do something to get the market interested....but they haven't in so many years now it's tough to imagine what will get it moving. And as recently discussed.....other than Morrison getting paid a percentage of each new deal....the company really hasn't benefitted one bit from being 'diversified'. Five deals later and the share price hasn't budged. Gee ya think it's time to change things up?
I guess the better question is......with the compensation levels closely connected to new deals....that are supposedly accretive but somehow never result in an increased share price or significant dividend increase.....is management even really incentivized to change up this disastrous model and make this into a successful stock? This model should have been abandoned years ago given the market's lack of appetite for it. And hey don't get me wrong management here is top notch but I do have to wonder if they are being incentivized to create a successful stock or just keep chuning out more of the same.....which hasn't seen any recognized value in years.