Search found 416 matches

by REIT Wrecks
Sat Jan 21, 2017 3:27 am
Forum: Apple REITs & David Lerner
Topic: Lerner people still holding APLE?
Replies: 10
Views: 21786

Re: Lerner people still holding APLE?

Non-Traded REITs were and are one of the worst investments individual investors could make, aside from maybe annuities -- which is, surprise surprise, another DLA specialty. Assets owned by Apple REIT 9 shares were used, via the merger, to bail out the floundering Apple REIT 8. Using assets from a s...
by REIT Wrecks
Sun Jan 03, 2016 6:57 pm
Forum: Apple REITs & David Lerner
Topic: Where's all the Shills and Naysayers now!!
Replies: 15
Views: 27274

Re: Where's all the Shills and Naysayers now!!

Compass, Please refer to post #1 on this forum, if you would: http://www.reitwrecks.com/forum/viewtopic.php?f=2&t=1 ' My bias is simple: increased transparency and more information for investors. Reader comments and questions are often the most informative parts of the posts on REIT Wrecks, and as I...
by REIT Wrecks
Fri Dec 18, 2015 9:08 pm
Forum: Apple REITs & David Lerner
Topic: Where's all the Shills and Naysayers now!!
Replies: 15
Views: 27274

Re: Where's all the Shills and Naysayers now!!

You guys could have sold it at $19 and bought it back at $13.82 I did not hear you bragging like you are now when it was $13.82. You were probably shitting in your pants. Well Steve, everyone SHOULD be sh*tting in their pants if they think about what they COULD have earned with their money if they ...
by REIT Wrecks
Tue Jun 30, 2015 9:44 am
Forum: Apple REITs & David Lerner
Topic: Hold or sell Apple Hospitality??
Replies: 419
Views: 239837

Re: Hold or sell Apple Hospitality??

This thread has been pretty thoughtful, so let's please try to keep it civil. Steve, the March 31 results I quoted are the latest publicly available financial results for Apple. The second quarter results, when they are published after June 30th, will likely show the same shortfall in cash flow vs. ...
by REIT Wrecks
Mon Jun 29, 2015 9:46 pm
Forum: Apple REITs & David Lerner
Topic: Hold or sell Apple Hospitality??
Replies: 419
Views: 239837

Re: Hold or sell Apple Hospitality??

As for the fees, the amount of profit I'm going to make over my break even point of $18 makes the $80-150 fee chump change to me. Yes all of you are right, Lerners outfit is a cheating crooked outfit that I would never do business with again. But the bottom line for me is what I'm going to make far...
by REIT Wrecks
Mon Jun 29, 2015 9:20 pm
Forum: Apple REITs & David Lerner
Topic: Hold or sell Apple Hospitality??
Replies: 419
Views: 239837

Re: Hold or sell Apple Hospitality??

With all the complaints about Apple Hospitality REIT, 1) People are receiving an annual dividend of over 6% monthly and it does not include a return of capital. 2) APLE will supposedly will be included in the Russell 2000 next week. 3) They are managing their properties buying and selling them as t...
by REIT Wrecks
Wed May 27, 2015 6:09 pm
Forum: Apple REITs & David Lerner
Topic: Hold or sell Apple Hospitality??
Replies: 419
Views: 239837

Re: Hold or sell Apple Hospitality??

Excellent post, LernerErLessons.....As long as this thread keeps going, friends and relatives of those seniors, or uninformed, holding APLE shares should find this in a search. Ordinarily yes, except for the fact that David Lerner Associates has been SEO bombing this forum since 2011, in an attempt...
by REIT Wrecks
Wed May 27, 2015 1:25 pm
Forum: Apple REITs & David Lerner
Topic: Hold or sell Apple Hospitality??
Replies: 419
Views: 239837

Re: Hold or sell Apple Hospitality??

As fedup has pointed out, Blackstone doesn't get to buy the company unless Glade Knight says so. They anticipated the potential for the stock to trade poorly, so they amended the articles to prevent a takeover (see below) if that came to fruition. If this amendment is what it looks like it is, you c...
by REIT Wrecks
Tue May 19, 2015 4:29 pm
Forum: Apple REITs & David Lerner
Topic: So much for the big sell off!!
Replies: 10
Views: 20998

Re: So much for the big sell off!!

Fedup, please add to all this the amended charter (dilutive anti-takeover provisions) and what has historically been a lap dog board of directors and you basically have a Knight family heirloom, not a public REIT.
by REIT Wrecks
Tue May 19, 2015 4:08 pm
Forum: Apple REITs & David Lerner
Topic: Hold or sell Apple Hospitality??
Replies: 419
Views: 239837

Re: Hold or sell Apple Hospitality??

Don't quote me on this but from what I was told it is just a flat rate $70 transaction fee to sell your shares after it is listed.. I quoted you. Mea culpa. That's a bargain!!! Hope your right Sorry, but to me this looks like yet another bite at the apple, if you will. Whatever it is, it is most de...