Triple Net REIT Noise – Increased my O

By | May 5, 2017

Yesterday was one of those days for Triple Net REITs due to one specific REIT disasterous earnings.  Like the lemings that investors typically are, every like REIT suffered max exodus – the fear quotient.  I got out my check book and increased my position in O.  I basically doubled my overall position across both taxable and non-taxed accounts.  I grabbed the knife on the way down and did not get the absolute bottom – two positions, 1@55.5 and 1@55.8 … i’ll take the cuts on my fingers for this one.  Brad Thomas (Mr. SA REIT) wrote similiarly yesterday and promised to write more about O.  https://seekingalpha.com/article/4069400-thank-spirit-spooky-earnings-results

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