Lerner people still holding APLE?

How much longer?

Lerner people still holding APLE?

Postby Joel091147 » Thu Jan 05, 2017 7:18 am

Any old Apple shareholders from Apple 7,8 or9 still holding APLE stock?

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Re: Lerner people still holding APLE?

Postby compass » Sun Jan 08, 2017 1:27 pm

Still holding. No reason to sell as of yet.

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Re: Lerner people still holding APLE?

Postby Joel091147 » Mon Jan 09, 2017 5:41 am

Still holding since 2006. What I'm amazed at is how the analysist rate this stock as one of the best hotel reits on the market and how solid it is. I laugh at all the assholes on here who bashed this from day one called it a Ponzi scheme and how we were all going to go broke. Bunch of losers for whatever there reasons were. I'll hold forever and collect my .0625% and know if I ever want to sell I'll walk away with much much more I gave Lerners crooked IC 's over 11 years ago!

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Re: Lerner people still holding APLE?

Postby compass » Mon Jan 09, 2017 6:03 pm

Most of those bashers had some type of vendetta against Lerner. Past associates, competitors etc. Considering the recent volatile times, they had a stable rate of return at 8- 7.5% give or take. Still, today a good place to park cash. Its just easier to get at the cash since they went public.

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Re: Lerner people still holding APLE?

Postby compass » Mon Jan 09, 2017 6:06 pm

Plus the insiders own millions of shares plus many large institution holders. Its a no brainer.

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Re: Lerner people still holding APLE?

Postby Joel091147 » Tue Jan 10, 2017 9:57 am

Plus hedge funds are buying Aple too, reflected in the increase in volume of this stock. Rock solid. I love the bashers forcing people to sell to MacKenzie for $3-5 a share, They made a killing!

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Re: Lerner people still holding APLE?

Postby REIT Wrecks » Sat Jan 21, 2017 3:27 am

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 successful REIT to bail out the assets in an older, totally separate and less successful REIT is the very definition of a ponzi scheme.

compass wrote:Plus the insiders own millions of shares.


The insiders who own these millions of shares were GIVEN their shares for PENNIES on the dollar through a virtually RISK-FREE options program that would NEVER have been allowed by any normal investment manager. This program was NOT offered to you (the "outsiders"), even though it DILUTED your legitimate, hard-earned interests in the REIT. And yes, the "insiders" earned these bonus shares on Apple REIT 8, even though Apple REIT 8 was sucking swamp water.

In addition to the options program (search "Series B Preferred" in the Prospectus), these same DLA/Apple insiders collected enormous fees and commissions for taking your money, to the tune of MANY millions of dollars. At the same time YOU just barely broke even. WAKE UP! Georgia Gulf was right about the Stokholm Syndrome. What your returns would have been if all of these shenanigans had not occurred?

Do yourselves a favor and call Vanguard at 877-662-7447. Get some legitimate financial advice.

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Re: Lerner people still holding APLE?

Postby compass » Wed Jan 25, 2017 1:26 pm

I would not call earning 7+- percent barely breaking even during the worst financial crisis since the great depression. Many people lost their retirement accounts and life savings. Turned out much better than a Ponzi scheme (as you call it) as we still have the principal: $100,000 over 8 years became more that $156,000. Hardly a Ponzi Scheme.
A Ponzi Scheme is a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors. Obviously the assets existed and continue to exist. [i]

The most likely fraud is you and your comments Georgia Gulf. :lol:

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Re: Lerner people still holding APLE?

Postby stevestevenyny » Sat Apr 15, 2017 3:40 am

Besides the interest, how much is the principal amount of your investment in Apple 7 and 8 worth now?

$100,000 investment still worth $100,000 and can be sold for $100,000?

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Re: Lerner people still holding APLE?

Postby ccppww » Tue Apr 18, 2017 8:24 am

<< $100,000 investment still worth $100,000 and can be sold for $100,000? From Apple 7 & 8 >>

Ha Ha Ha

If you ask your David Lerner adviser this question, they will not answer and just tell you
how much dividends you had collected over the years.

Figure out how much you would get back if you sold your $100,000 investment today.

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