seekingalpha.com
Greystone Housing Appears To Be Recovering From November Tax Loss Selling, But Remains A Sell
Greystone Housing (GHI) remains a sell or avoid due to unsustainable price recovery driven by seasonal tax loss selling and the January Effect. GHI's recent price rebound to $7.93 with a 12.61% yield is viewed as a temporary anomaly, not a sign of fundamental improvement. Dividend payout ratio has reached a new high, with payouts exceeding EPS, signaling poor operating results and risk to future dividends.
