$GNL $RTL Man, talk about two charts telling very different stories. My initial take on GNL was from a quick look on Stocktwits at the all time chart after my RTL merged, seemed steady, but, now looking at it on a real platform it’s not so encouraging. Never trust any one source I guess. Lesson learned… again.
@Grandmaster_B Only thing to say is that AR Global the former and now internalized management have a bit of a crooked history. Felt like $rtl really screwed things up with the CIM multitenant portfolio buying at the top and when its stock plunged to $5 used $gnl to bail themselves out. The merger between the two was always an inevitable trump card they held and used it now. While they could have been pushed out as managers instead they get rewarded with a 17% stake.
$RTL $GNL GLOBAL NET LEASE AND THE NECESSITY RETAIL REIT COMPLETE MERGER AND INTERNALIZATION TRANSACTION
https://www.stocktitan.net/news/RTL/global-net-lease-and-the-necessity-retail-reit-complete-merger-and-audfwrbxp8k3.html
$GNL Well, I don’t know much about Global Net Lease, but it appears my $RTL will be rolling into it. They seem to have a diverse portfolio though, I like that. All time chart looks pretty steady, maybe load up below 9 and trim above 12, hold the rest. Going to do some DD this weekend, but if anyone here has any insights or opinions, I’d like to hear ‘em.
$GNL $RTL Blackwells Capital Reiterates Support for the Combination of Global Net Lease and The Necessity Retail REIT
https://www.stocktitan.net/news/GNL/blackwells-capital-reiterates-support-for-the-combination-of-global-4n3fr2f3fvzw.html
$RTL $GNL Global Net Lease and Necessity Retail REIT Release Presentation Detailing Benefits of Merger
https://www.stocktitan.net/news/RTL/global-net-lease-and-necessity-retail-reit-release-presentation-rn7gle5aee7c.html
