Stock Market Thread - ALL COMBINED
- Thread starter vinnie
- Start date
I guess I don't get it.
Shouldn't you be happy the market is down? I am.
It's buy low and sell high right?
(This post assume that you are out of the market - even if you're not - what about dollar cost averaging?)
Shouldn't you be happy the market is down? I am.
It's buy low and sell high right?
(This post assume that you are out of the market - even if you're not - what about dollar cost averaging?)
the market seems to like the way this is going?
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Sunrise Enters Into Purchase and Sale Agreement to Sell Eight Communities in Germany
MCLEAN, Va., June 3 /-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) announced today that the Company and certain of its affiliates have entered into a purchase and sale agreement with GHS Pflegeresidenzen Grundstucks GmbH and Prudential Real Estate Investors (operating on behalf of investors in a fund managed by its Munich-based business, TMW Pramerica Property Investment GmbH) to sell eight of the Company's nine German assisted living facilities. The aggregate purchase price under this agreement is EUR 60.8 million (approximately US$74.5 million), which, after expenses, shall be paid directly to the respective lenders to the German communities.
The closing, which is subject to certain conditions described in Sunrise's Form 8-K filed today, is expected to occur on or after August 31, 2010. Upon closing, Sunrise will transfer the management of these eight communities to Kursana Seniorenvilla GmbH, a Germany-based senior living provider.
"We're delighted that our residents, team and fine properties will be in capable hands," said Mark Ordan, Sunrise's chief executive officer. "We are also very pleased that this agreement is beneficial to Sunrise's stakeholders, as we continue to strengthen the organization."
Sunrise previously announced that it had entered into certain restructuring and settlement agreements with lenders to its nine German communities. As part of these agreements, Sunrise agreed to market for sale these communities for their respective lenders.
Sunrise is continuing to market for sale one remaining property in Germany.
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Sunrise Enters Into Purchase and Sale Agreement to Sell Eight Communities in Germany
MCLEAN, Va., June 3 /-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) announced today that the Company and certain of its affiliates have entered into a purchase and sale agreement with GHS Pflegeresidenzen Grundstucks GmbH and Prudential Real Estate Investors (operating on behalf of investors in a fund managed by its Munich-based business, TMW Pramerica Property Investment GmbH) to sell eight of the Company's nine German assisted living facilities. The aggregate purchase price under this agreement is EUR 60.8 million (approximately US$74.5 million), which, after expenses, shall be paid directly to the respective lenders to the German communities.
The closing, which is subject to certain conditions described in Sunrise's Form 8-K filed today, is expected to occur on or after August 31, 2010. Upon closing, Sunrise will transfer the management of these eight communities to Kursana Seniorenvilla GmbH, a Germany-based senior living provider.
"We're delighted that our residents, team and fine properties will be in capable hands," said Mark Ordan, Sunrise's chief executive officer. "We are also very pleased that this agreement is beneficial to Sunrise's stakeholders, as we continue to strengthen the organization."
Sunrise previously announced that it had entered into certain restructuring and settlement agreements with lenders to its nine German communities. As part of these agreements, Sunrise agreed to market for sale these communities for their respective lenders.
Sunrise is continuing to market for sale one remaining property in Germany.
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Yet another lie that the financial "services" market has sold to the public.
So what is it? Buy low/sell high --or-- dollar cost averaging?
Can't be both.
I think they confuse when someone buys mutual funds over many months. And someone trading stocks at a faster pace.
Another shit day on going. Could come back in PM.
Another shit day on going. Could come back in PM.
Add this to it as well, even though the crappy SPNG is on my crapper list so far, and I need to hold on.. they still got more products coming out... These little tidbits give hope!!!
:0074 
