07-12-2015, 11:18 AM
(07-12-2015, 10:26 AM)KenBob Wrote: My CSG is merging, so I sold it according to my sell rules. Using the proceeds to top off T.
I thought about selling CSG also but decided to hold off for the time being. The more and more I read about Gramercy the more I liked the company. CSG has been somewhat leaderless since the CEO resigned a couple of months ago or so and that developed a lot of questions. The leadership at GPT seems to be top notch with growth in mind. So, CSG will be going from a monthly dividend income stream to more of a quarterly dividend growth stream with a lower yield. Being in the accumulation phase I'm okay with this scenario, in fact, it's probably where I should be at the moment. In the long run, I believe CSG shareholders will benefit, unless I find something I really don't like I will hold onto the shares. I also believe the market overreacted.