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0.85% $1.19 centuria office reit

bad news around the corner ?, page-2

  1. lost
    604 Posts.
    lightbulb Created with Sketch. 24
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    11/12/13
    08:08
    Post #: 12684365
    Hi Bozena
    Believe you are correct, or it maybe due to large issuance of shares to the CEO & CFO. They were able to borrow hundreds of thousands of dollars to buy millions of shares at about 11 cents (even though market announcement says the valuation was $0.285).
    Would be surprised if they announce bad news given the high leverage/skin they have tied to share price now.
    Famous last words, as always.
    Best of Luck
    Lost
    COF Price at posting: 24.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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