MDRR - An Unwarranted 100%-Plus Spike In Medalist Diversified REIT's Stock Price

• Medalist's stock spiked more than 100% on Wednesday after "pump and dump" day traders promoted the stock on a nominal press release.
• Weak financial performance and outlook in retail and hotel properties demonstrate a massive disconnect between MDRR's post-spike stock price and fundamental value.
• Positive signs have emerged with an increase in rental collections and contracting of hotels with universities.
• The preferred stock represents a much more attractive investment option than the common equity, but at lower prices.
• Whether or not the company shows improvement in cash flow will be key in the coming quarters.

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