Wheeler Real Estate Investment Trust Inc (WHLR)

[Gwinner]

Wheeler needs to capitalize on these low rates and get the pipeline of deals closed and start paying down expensive debt and get their balance sheets in order.

If they can get the 60 million of deals closed they discussed on last conference call they have a shot.

If not, they need to cut a deal with a larger reit and merge

[$hellKing]

This just keeps going down. Investments not good or the money they raised?

[PINKYXXX]

Fat return plus divys from this level
Weeeeeeee

[Roy London]

WHLR SETTING UP

[Hoose]

wheeler given a buy rating!!! on the way up again....

[willlbone]

Dilution at $2.00.

[Hoose]

Wheeler announces stock divy for month of January......lots of acquisitions in the past couple months.....looking forward to yearly results

[Mokyo Toe]

I started a small position in WHLR yesterday. We'll see what happens.

[Mokyo Toe]

CEO Jon Wheeler bought 235,000 shares on December 31st

[Mokyo Toe]

Addition of Taxable REIT Subsidiary

http://finance.yahoo.com/news/wheeler-real-estate-investment-trust-133000906.html

This is a good development, and should bring in some revenue.

[Mokyo Toe]

Acquisition of 40,695 Square Foot Shopping Center in Sicklerville, New Jersey

News today:

http://finance.yahoo.com/news/wheeler-real-estate-investment-trust-133000801.html

91% leased.

[Mokyo Toe]

I started up this board because I have been intrigued by this little micro REIT. They've been paying a dividend of .035 monthly, which is a pretty good yield, considering the shares go for around $4. (Yield is 9.7% today)

The only catch is that this cannot go on indefinitely, as the company has never been profitable. So, the divs will need to be cut at some point, if revenue doesn't increase.

It's an interesting play that could go either way.

So, I've kinda been on the sidelines keeping an eye on the thing, and noticed there was no iHub board for it.

I'm not interested in moderating, so feel free to take the position.