Medical Properties Trust Inc (MPW)

[Long_shortguy]

I wanted the squeeze to go a little longer, because I got out of my April Puts to soon. Still did good, but could have done better. Want to load up on October puts (cheaper) as once you work through the numbers of the rent cuts on Utah, and deferrals from Pipeline bankruptcy and Capex, Cash FFO is coming down and the highly touted dividend coverage ratio disappears .

Steward was going to have over 800M in EBITDARM (per MPW) and now are selling some of their best assets. Also Factoring receivables through an ABL credit line. These actions are not the actions of financially strong company.