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Samoth is a real estate company mainly focusing on hotel type real estate. They have been fairly successful and trade well below book of approx $6 a share. Trading at $3.50 now. I own some of their converts SCF.DB and the common SCF.. Anyone?? My reasons for purchase are 1. trading below book and 2. Hotel vacancy levels are very low and should stay low. 3. Management seem to know what they are doing(of course appearances can be deceiving). | ||||||||||||||
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