Nov. 4 at 5:55 PM
$PK trading near pandemic lows when no one left the house, and the dividend was virtually eliminated. Trading as if FFO is negative and they did not raise the liquidity to refinance their debt, both of which are false. Feels like all the bad news is almost out, but stocks often overreact to the upside and to the downside. Probably seeing some forced liquidation. Still watching for
$8-
$9 and a really overdone opportunity. Probably being too cheap, but that's how I make money as there is always another opportunity around the corner. You don't need to be wedded to just one stock or just one fishing line in the water waiting for bite. There is always blood in the street somewhere. Want more than a 10% yield to tuck into an IRA long term.
