Power REIT’s Preferred Stock Offering: A Hedge That Pays 7.75%

Several smart money managers I know are excited by the heads-I-win, tails-I-win big opportunity offered by Power REIT’s (NYSE:PW) attempt to foreclose on its railroad lease with Norfolk Southern Corporation (NYSE:NSC) and Wheeling and Lake Erie Railway (WLE). I know this because I’m one of them, and I’ve talked to others about it. Others aren’t quite so sure.

via Renewable Energy News – RenewableEnergyWorld.com http://ift.tt/1fxS7KF

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