Question:
What do you opine of WSR at the current price of 13.48 after the stock dilution. The only positive I see is that the cash is for useful expenditures. Is it a buy at this low level? They have sold about 2.1 million shares of the 4 million offering. Is this a good or a bad sign? As usual, someone must have leaked information on this because now I see why the stock has been so irrational lately. I own the stock and I have getting ripped off by insider trading. I follow STAG and their stock has fallen a little, but nothing like WSR.
The volume you see does NOT include the sales of the 4mm - that doesn't get printed on the exchanges. I don't like WSR, as I have made clear. With that said, probably a good buy for a trade...
Comments