Seeking Alpha
  • Steven Reiman
    Sold majority of $GPT position today...back of the envelope math makes it harder to justify a share price much higher than $5 after
    10/11/13
    Reply (5)
    • Steven Reiman: equity raise and subsequent low cap rate deals...also need to refinance BAC floating rate note which will increase interest expense
      10/11/13
    • Steven Reiman: Stock value could still increase substantially but now it is a bet on management and future growth versus a classic "margin of safety" bet
      10/11/13
    • Clint Edgington: On the same page; although I'm pretty confident with the $4.20-$4.80 range. I just wrote $5 Feb. calls
      10/11/13
    • Clint Edgington: I don't see the stock jumping above $5.20 after the divvy announced. Of course, I'm sure they'll get bought out now.
      10/11/13
    • connellybarnes: Thanks for the nice article. I sold also.
      10/19/13