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johnsyn

07/10/12 1:10 PM

#365 RE: Timberliner #364

A lot of REITs have done that, but you're thinking backwards. As the pps drops, the yield goes up. The dilution is also in lieu of divie cut.
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johnsyn

07/10/12 5:09 PM

#368 RE: Timberliner #364

If it makes you feel better, another highly recommended mREIT just announced in the last hour, they're offering common shares. I know at least 2 others I hold have done the same thing recently.