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Non-Tech : Income Investing

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To: Gridbird who wrote (34185)7/12/2018 8:50:21 AM
From: E_K_S2 Recommendations  Read Replies (1) of 48864
Re: do Re: Do not own or follow but just saw FPI off 15% plus..? Tariffs?

Watching FPIpB today. I see pre-market some trades at $19.49/share +7.4%. Common shares are higher too on pre-market trades; last $5.92/share +12%.

Will watch where this settles, vol/price reversal

Farmland Partners bounces nearly 14% in premarket action

Farmland Partners (NYSE: FPI) plunged 39% yesterday after Seeking Alpha contributor Rota Fortunae called out company management for playing accounting games.

The company's CEO denied the allegations after the close, and this morning B. Riley's Craig Kucera upgrades to Buy from Neutral. He trimmed his price target to $8 from $8.50, but that's still 50% upside from Wednesday's close.

There's fresh analysis on Seeking Alpha as well, with contributors Beyond Saving and Trapping Value mulling the re-priced FPI.

Shares up 13.6% premarket to $6.00.
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