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Strategies & Market Trends : Value Investing

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To: lawndale1 who wrote (51930)	5/22/2014 11:29:27 PM
From: Spekulatius	Read Replies (2) of 78702

I bought some RDI in the 6$ range a while ago after it was mentioned. Stock is up after selling two non-income producing properties in Australia for 85M A$ or thereabouts. I am wondering where you think the company will go from here, after the catalyst sort of has played out. Sure, they have more valuable properties (in Manhattan and Hawaii) but the former has been on dock for redevelopment for a long time time and nothing has happened. I'd welcome your opinion. I am sort of tempted to sell my few shares, since I am not particulary fond of management.

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