Investment Type: Income, Potential Growth
Risk, Reward: Medium Risk, High Reward
Buy Range: I do NOT recommend spending more than $10 per share for this thing unless you plan on being a longterm holder. Anything less than $8 per share is a steal for the price
Sell Range: If you want to play it safe, sell at $12+ per share. If you’re feeling frisky, sell at $15+ per share. If you’re all in like me, sell at $20+ per share
Thesis: Recently, MPW has been the target of short sellers (causing the price to fall). At one point, 20% of all shares of MPW were shorts (people betting against it). Shorts are worried about MPW’s financial condition; MPW is saying everything is fine; you decide. Because of the macro environment we are in paired with short attacks, on top of being one of the largest owners of hospitals in the world, I think the prices we have seen with MPW ($7-$9) are a steal. They own a lot of properties; I think they will be just fine
Gameplan: I am going to DCA into this thing in batches and enjoy those sweet, sweet dividends for the long haul. Unless I make abnormally large gains with MPW, I will hold forever. I am not going to sell unless the gains are an offer I cannot refuse ($20+ per share) My main focus is those tender juicy delicious dividends + getting in at a good price, which means that I mostly don’t care what the market is doing is the meantime.