Seeking Alpha

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

"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.
Comments (9)
  • Chris DeMuth Jr.
    , contributor
    Comments (5364) | Send Message
     
    As of today, DuGan has done nothing more and nothing less than what he said he would do. If he continues to execute his business plan, GKK shareholders will be very happy with their long term results. More here: http://seekingalpha.co...
    28 Mar 2013, 03:19 PM Reply Like
  • aretailguy
    , contributor
    Comments (1337) | Send Message
     
    Chris I am very happy already. Let there be whip cream on top! Thank you very much for the heads up on this one.
    28 Mar 2013, 03:44 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (5364) | Send Message
     
    Thanks. As far as investment research, I am shifting my focus to PCS this weekend. My article on that name will be public on the evening of April 2nd.
    28 Mar 2013, 03:48 PM Reply Like
  • Remyngton
    , contributor
    Comments (354) | Send Message
     
    Good job ???
    28 Mar 2013, 05:57 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (5364) | Send Message
     
    Thanks. GKK has helped Q1 and PCS could well help Q2.
    28 Mar 2013, 05:58 PM Reply Like
  • Whurter
    , contributor
    Comments (3) | Send Message
     
    Pcs like the phone company.
    29 Mar 2013, 12:03 AM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (5364) | Send Message
     
    Yep. That one.
    29 Mar 2013, 08:12 AM Reply Like
  • johnbarleycorn
    , contributor
    Comments (133) | Send Message
     
    Do you like PCS even if they do the current deal on the table with T?
    31 Mar 2013, 07:07 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (5364) | Send Message
     
    No. I think it is worth about $9-10 in the current deal. I think that there is about a 20% chance that this deal goes through. It would be the worst outcome for PCS shareholders.
    31 Mar 2013, 07:56 PM Reply Like
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