GOOD Gladstone Commercial Corp

$GOOD This is what happens when they business openly plans to use ATM offerings to pay off debt. They need to sell assets, not use shareholders as a get out of jail free card. If they sell, their AUM goes down, and for that reason they won't. (less management fees). The market is saying "We will not absorb your dilution at these prices because the dilution is non-accretive." They are issuing shares at 12% plus dividend yield (they pay 12%+)....and targeting property that yields 7.5% -> 9.5%. NEGATIVE ARBITRAGE SPREAD. That's robbing peter to pay paul, and the end result is a dividend cut of massive proportions if they do issue ATM. The issue of shares at these prices; permanently restructures this company as a much lower price stock. ...and don't for a second buy into the 'aww shucks' routine they tried in the most recent earnings report. "Oh, I didn't know this property we bought was in this place we bought it" - SURE PAL.

$GOOD reported earnings after the close yesterday. GAAP EPS missed estimates: -$0.11 vs. $0.03 expected, according to Stock Meadow.

$GOOD appreciate a company that gives people something specific to measure its progress against

$GOOD Q3 '26 Earnings Results & Recap • Reported GAAP EPS of -$0.11 down -650.00% YoY • Reported revenue of $42.42M up 3.87% YoY

$GOOD I think this earnings will be the date to watch. Odd behavior considering all known facts. Past 3 earnings were beat beat, beat miss, beat beat. Massive short position right now that is paying >400k each month just to hold these positions. 800k is a more likely number when accounting for fees on top of the dividend obligation they have to the person they borrowed from. Typical margin fee is about 12% yearly. 61% is institutionally held shares. 39% retail. 10% total float is shorted. 39% (retail holders) is roughly equivalent to 19M shares (estimate). 4.4m shares are sold short. That means 25% of free float is currently shorted right now. REPEAT: 25% of free float is currently sold short (Non-institutionally held shares). 10% of total Shares Outstanding is sold short. I think this drop is fakeout before breakout, and maybe i'm wrong, don't care, buying more.