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Medical-Properties  on October 24, 2023


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Medical Properties Trust: I Was Very Wrong About Catching This Falling Knife

I must admit that my previous bullish thesis on Medical Properties Trust, Inc. or MPT (NYSE:MPW) has performed terribly, as buyers "never really" returned. I said never really because on occasions that they did, they didn't stay long enough. For instance, MPW buyers held the $8 defense line for five months after re-testing it in March 2023. That was a critical support level, defended stoutly by dip buyers from the May 2010 era, setting us back 13 years ago.

seekingalpha.com     Oct 24, 2023