Post by
SNAKEYBOY on Aug 04, 2022 10:30am
PLAZA REIT REPORTED TODAY
A comparable retail reit. Has AFFO of .08 cents while PMZ 0.33 cents. PLZ = $4. Which means PMZ = $16
Comment by
Frankie10 on Aug 04, 2022 11:08am
Pair trade it. Long PMZ and short PLZ. We're headed to $14.20 - no idea what happens next short-term lol.
Comment by
SNAKEYBOY on Aug 04, 2022 11:29am
SHORTING a reit with a 7% yield and low liquidity probably wont work out well, especially at $4.10 and not $5.00.