"Whether I give you the dollar and you go spend it or invest it, or I reinvest it for you, it's...

|By:, SA News Editor

"Whether I give you the dollar and you go spend it or invest it, or I reinvest it for you, it's still your dollar," says Gramercy Capital (GKK +7.1%) CEO Gordon DuGan. As Gramercy works to build up the recurring cash flows necessary to restore a payout, investors can be comforted by tasty capital gains. SA Pro author Chris DeMuth - a bull on the stock at half of today's level -  says things are going as planned.