Peeled off some CIO shares @ $13.59/share | REITs Message Board Posts

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Msg  12299 of 12491  at  8/20/2019 10:05:07 AM  by

E_K_S


Peeled off some CIO shares @ $13.59/share

Finally got my price and booked a small gain on my high cost shares.  Had put the proceeds into CIOpA shares earlier (got well below PAR).  It took almost 6 months to get my price for these common shares.
 
Strategy was to convert CIO position to 50% common and 50% preferred.  Like the company but like the safety of holding their preferred too.
 
EKS 


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