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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Grommit who wrote (45874)	12/8/2011 12:33:00 PM
From: E_K_S	Read Replies (2) \| Respond to of 78497

Hi Grommit - Cedar Realty Trust, Inc. (CDR) Cedar Realty Trust, Inc. Prefer (CDR-PA) This is a pretty good find. I noticed that all of their property is back East. Not sure I would nibble at the common just yet simple because I believe we are not past the credit issues w/ Europe that could affect the U.S.. This preferred is interesting especially if it sells off in any liquidity freeze up. In 3/2009 it sold down to $8.50/share (like many of the other REITs) so it becomes a candidate in my market melt down scenario. It also looks like they did a 1M share secondary on these preferreds on 4/11/2011 which probably included some type of debt/equity restructure on the common too. I like turnaround stories especially when management takes a large equity position . B. Schanzer made a large bet in August (Aug 8, 2011 SCHANZER BRUCE JOfficer50,000DirectPurchase at $3.91 per share.195,500). The key for me is to be able to buy at a deep discounted "value" price. -------------------------------------------------------- CoreSite Realty Corporation (COR) Great news on CoreSite Realty Corporation (COR). This one is on my Buy list buy I probably now need to up my target buy range. As you know, when the market sells off, this one usually gets trashed too (my last buy was around $13.00/share). My last sale (of my high priced shares) was right around this price, so maybe I am a buyer again below $15.00/share. STAG Industrial, Inc. (STAG) is just too new of an issue for me. I need to see how management does over the next 18 months. I have added STAGpA to my preferred watch list. Of the REIT group, I still prefer the Data Centers as this is the sector that is getting the growth (as evidenced by COR). I have no problem adding more (DLR & COR) if/when prices drop into my value range. EKS