Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I need to dig into this and read the transcript, if it's available. The stock has really perked up here recently after being slammed. Tower REITs have done pretty well, huh? Now CLNY wants a piece of that as well as other pies.

If they're not going to redeem those preferreds, the B series at an 8%+ yield could hang out there for quite some time. It looked like they were on the verge of redeeming those.

Jim
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.