Monday, June 13, 2016 10:09:49 AM
As per one of ( Bigger Salary's) statements is that he expects to deploy 2 or 3 of his units in 2016.
Given their overhead and OS,
I would proceed with caution.
A development like that will only generate a small and temporary pop
At best. Take profits at that point and
By back at a better price later as these deals will take a very long time to put together.
Hopefully they can purchase some existing producing distressed assets
In the meanwhile. But with oil back on the move again, those type of deals are going to be harder to find.
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