$ABR (+1.1%) Discussion

Recently this high yielding REIT was accused of fraud by a company called “NISCUR” a short holding statement with many grammatical errors and financial inaccuracies.

Despite the statement not holding much validity many investors were spooked causing $ABR (+1.1%) to go down 16% in the last 3 months.

Recently it was found out that the people behind the short holding position were from Africa and were trying to scare people into making a profit (which they most likely did)

Although the stock is recovered about 5% from its low I still believe there is way more gain left on the table (P/E ratio of 7!) and as a result I have purchased many shares of $ABR (+1.1%)

What are your thoughts.