Replies to post #11 on Retail Value Inc (fka RVIC)

[Enterprising Investor]

I hope the author is right! Time will tell.

Here in Texas, people used to cry out, "Remember the Alamo!".

When it comes to investing in liquidating REITs, I advise people to think, "Remember NYRT!". People got burned thanks to inflated projections of liquidation value.

However, I overcame the high price paid on my initial stake in NYRT by reinvesting all of the proceeds received to date into more units. I advised others to do the same.

Now, I actually own NYRT at a slight discount to market - something I never expected would happen 18 months ago. Most investors I know just sold out at a loss once the bad news came out. I plan to do the same thing with RVI, just like every other liquidation that I have been involved in.