RE:RE:RE:OilSpecs takes more than "half" a rad10 beatingOK - as it's you, and as I have just doubled down on the parent BAM.A today for under 54 bucks U$ a share.
The market overreacted to mall reits and seemed unaware that several of the mortgages held by BPY were non recourse to the company.
In hindsight it was obvious to load up - no pandemic lasts forever.
The reason you should always invest in BAM as opposed to one of it's step children - is that they are
very good allocators. They float / sell high and buy back at near predatory discounted levels. I loaded up on BPY when Flatt was upset at the stock price and a buyer. Self serving Ego drove the repurchase offer.
Whispers on the St were that an offer was coming, but Oilspecs sold on the basis of his "technical analysis". He missed out on a further 20% or so.
I wish him well and if he is reading this - I would like for him to consider the John Howard anger management program. There is no need for the hateful misogyny - directed towards a beautiful woman that he has never even met. A "prostitute" is also someone's wife, mom, daughter or sister.
https://johnhoward.on.ca/wp-content/uploads/2013/08/Adult-Programs-and-Services-June-2016-Complete.pdf
The
Toweringmars wrote: Rad, tell us more about the BPY buyout. There must be some upside to this tragic story??
rad10 wrote: Poor old oilspecs
Wrong on Trump's reelection
Wrong on the covid cure in March 2020
Wrong on the S&P getting cut in half with the Biden win
Wrong on Aleafia
Wrong on BPY upside and buyout - selling wayyy too early.
I hate to think what a full on beating looks like.............