Here we go again. The long-term investors like Warren Buffett have continually urged rationality on the market even though the market appears intent upon repeating past mistakes. Evidently, it is now time to dump Pennsylvania Real Estate Investment Trust (PEI) and other related vehicles because the future is now dim. Jumping out the window looks relatively painless to Mr. Market by comparison. Long-term investors need a far more calm and rational way to invest for long-term gains.
CBL News
The news that CBL (CBL) would not pay any dividends or distributions for the foreseeable future