Post by
SIGG1 on Oct 25, 2023 10:02am
Bankruptcy?
This is getting very likely. Only way to get out of this mess IMO.
Comment by
rabnud on Oct 26, 2023 12:19pm
SIGGI?? seems like a stupid statement how would they be going BK when the operation is as good as ever making money and very stable
Comment by
SIGG1 on Oct 26, 2023 12:36pm
This was an ironic statement of course. The REITS are trading like they were all near bankruptcy. it could be a one in a life time opportunity to enter these plays for the long term.
Comment by
Kylemcc10 on Oct 27, 2023 1:38am
You don't go bankrupt because your stock is selling off lol.
Comment by
stockrook86 on Oct 27, 2023 7:05am
Highly improbable, almost all of their debt is on recourse and property specific. I'm not saying this is the case, but half their properties could have 0 values, and the balance sheet could have negative equity on paper and the units would still have value. the majority of their properties are highly occupied and in good shape
Comment by
lebouclier on Oct 31, 2023 1:02pm
chance of bankruptcy is really low and the financial situation has only improved quarter after quarter.
Comment by
rabnud on Oct 31, 2023 12:55pm
Look at all the other reits tnt prv btb srv everyone of them have gone down huge in the last 6 weeks or more its not specific to INO at all
Comment by
pandsca on Oct 27, 2023 10:01am
Yet another idiotic statement by SIGG1 who clearly has no idea how to do their own DD of a company prior to buying their shares. BTW: SIGG1, you fogot to cross post this in every other REIT's Bullboard.