COF 1.69% $1.21 centuria office reit

Just to add what hugeorgans had to say, if people were worrying...

  1. 604 Posts.
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    Just to add what hugeorgans had to say, if people were worrying about what happened with HST - Hastie Group, Coffey have $77M in debt, HST had $500m in debt, reported debt was about $313m. HST mkt cap was $22m before it collapsed, COF currently at $86m.
    Unlikely they are going out of business or that banks are even talking to them yet. ideal time to get in today, everyone's worries about Greece will potentially dissipate after Sundays elections. May also take a couple of weeks?
    In addition, if shorters were in action yesterday, we are likely to see covers buying today or Monday. Does anyone have short/long data? There is another 1,000,000 shares to buy back if all sellers yesterday were shorting.
    Best of Luck
    Lost
 
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