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bar1080

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bar1080

Re: Nebuchadnezzar post# 698

Friday, 05/08/2015 12:36:12 PM

Friday, May 08, 2015 12:36:12 PM

Post# of 840
"buying other stocks instead of buying back shares." Sounds like a pennyland trick... announce a share buy to pump the stock and later reveal that they're buying shares in a pal's scam corp.

I doubt a mREIT could own a significant amount of regular corp stock without jeopardizing its status as a qualified Real Estate Investment Trust, which carries some benefits.

I did research that notion and can't find anything to support it.

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

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