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Mike Survell's avatar

More snark please!

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Mike Survell's avatar

I purchased 100 shares of ADC at $58 a share, with the intention to hold it for the income. However, I have no objection to selling it and rolling the cash into another investment if it becomes overvalued. So my question is, at what price is ADC considered to be overvalued? Also, how is ADC valued? By that I mean is it nav or affo, or some other metric. My knowledge is scant, but I am learning. Thanks Michael.

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