Stock Market

YY1 said
I am cautiously optimistic and bought another 200 shares of my 12.65% dividend paying real estate stock today.

...even though I fully expect a serious correction in real estate prices and a housing glut in the near to mid term.

It pays monthly, so at least if I need to sell, I have been collecting the entire time.

I am losing what I thought was a good income stock next month since the company was/is being bought out by a private company. Care to share the company name and symbol? I thought 7% was good with the previous holding I had.