When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SNH - Significant Challenges For Senior Housing Properties Trust
Senior Housing Properties Trust
When we last covered Senior Housing Properties Trust (SNH), we took a stand that shorts had pressed their bets far enough and the price of $7.85 offered a compelling short covering point. Specifically we said:
Remember, our bombed-out liquidation value here is $12-13/share. At $7.85 RMR is motivated to sell this. This is likely to be even more true as RMR is in the process of liquidating a large part of its portfolio to pay down debt. The chances that it could be approached with a $12 plus bid is moderately high