by Travis Johnson, Stock Gumshoe | May 10, 2019 4:01 pm
This is premium content. To view this article (and to have full access to the rest of our articles), sign up. Already a member? Log in.
Source URL: https://www.stockgumshoe.com/2019/05/friday-file-buying-a-bad-to-less-bad-reit-plus-updates-on-ttd-and-iipr/
Copyright ©2024 Stock Gumshoe unless otherwise noted.
$TTD was my largest position, which I believe I got into because of Travis, thanks!
It was just dumb luck I sold it all at $225 a bit before the ER.
This was more a defensive move I prefer to sit mostly cash during times when the market is this volatile and I made the hard choice of taking my profits for $TTD (in since $60) because I felt it had run up so much it was probably due a big drop sooner or later.
I still strongly believe in the company (and the sector) growth story and especially the CEO Jeff Green (he is one smooth talker/pumper). Might even get back in on this dip and start to scale into a new position.
Good timing! Hope it works out for you in the end.
Man, I started rebuilding up a position in $TTD at $180 but it is recovered so fast! Jeff Green was pumping with Jim Cramer and after today $TTD is already at $200…
I think IIPR will tank big time if and when the Feds allow the big banks to make legal loans to marijuana growers. They don’t even have to legalize marijuana, just make it legal for banks to jump in, and this concept seems to be gaining traction in the Congress. IIPR won’t be able to demand the high interest rates that they do now and will have to live on investment contracts made to date. I took profits on about half of my holdings about a month ago. Bought originally in early 2018 – sold for a nice profit. I’m still in the game, just cautious.
That is the likely trend, but my expectation is that it will be much more gradual.
gradual is good…I like to see it coming
Thanks for the guidance on Zayo. That worked out very well.
Yes, thanks Travis for the heads up on ZAYO. I bought a block when you did and sold a day after you did. Very good call. Going to buy OPI tomorrow.
Good luck with RMR management. I don’t think they will change their stripes. They are not shareholder friendly, but you could indeed gain a few appreciation points in the short time span,
I don’t expect them to change their stripes, either… which is why I wouldn’t really consider this for a long-term hold. I just think they’ve gotten too beaten-down given the lower payout ratio and the still valuable collection of assets… we’ll see how it turns out. I could, of course, be wrong. Sadly, it would not be the first time 🙂
Same here, bought TTD and Zayo and OKTA due to Travis. I can’t thank you enough Travis. I trust your analysis above all those expensive newsletters.
I’ve been working with Nokia as a contractor for the past 3 years, seems to kinda be a mess that someone is trying to clean up. Currently they are caught up in the Honolulu Rail project and having a difficult time managing the contract. Nokia is also jettisoning employees at a rapid rate. They are terminating the union contract with its field engineers and installers offering buyout for those in nonessential locations not sure how the future maintenance agreements will be fulfilled. Maybe all this will be a good thing but I’m a tad leary of them except for the fact the stock is soooo cheap.
Thanks for the insight, Darrell. Cheap can always get cheaper, especially if we’re getting a real trade war brewing… we’ll see how it goes.
…and thank the gods for IIPR. I’m a VERY small fish in this MKT. pond. I have had the most ‘challenging’ year of my life thus far (and I have lots of years to compare). I somehow happened upon this stock and it has kept me afloat, augmenting my Social Security, but even in these times I MUST subscribe to Gumshoe!! with the path that I’m on, there will be MUCH better news by the end of the year!..Donations cheerfully accepted! lol….and the offer is still on the table Travis, ‘will you marry me?” . Oh, I forgot, I’m already married.