Operating loss for prior 3 months: ($580,000,000).
Who would but a real estate stock in this rising interest rate environment?
This is a $2.00 stock at best being sold to gullible saps ay $90.00+.
Who in their right mind would buy or short a stock that has bid/ask spreads of $90? What a joke. Good luck getting out of this if it suddenly drops $50-$75.
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