Innovative Industrial Properties (NYSE:IIPR)

CAPS Rating: 1 out of 5

Caps

How do you think IIPR will perform against the market?

Add Stock to CAPS Watchlist

All Players

4 Outperform
23 Underperform
 

All-Star Players

0 Outperform
20 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top IIPR Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

Top Bull Pitch

There are no pitches that meet the Top Bull criteria. Explain

If this upsets you, start recommending pitches below!

jed71 (99.23)
Submitted December 06, 2016

LOL, LOL, and more lolz. After several failed attempts at an IPO this year, the company was FINALLY able to sell some shares. Someone has to help me understand, how in the heck did this company get itself listed on the NYSE? I am guessing the… More

IIPR VS S&P 500 (SPY)

IIPR Summary

Fools bullish on IIPR are also bullish on:

Fools bearish on IIPR are also bearish on:

Recent Community Commentary

Read the most recent pitches from players about IIPR.

Recs

0
Member Avatar Bigsef77 (70.75) Submitted: 4/20/2018 11:12:57 AM : Outperform Start Price: $32.52 IIPR Score: +5.31

Legal weed in Canada soon. Do the research

Recs

7
Member Avatar jed71 (99.23) Submitted: 12/6/2016 12:22:47 PM : Underperform Start Price: $16.28 IIPR Score: -91.07

LOL, LOL, and more lolz. After several failed attempts at an IPO this year, the company was FINALLY able to sell some shares. Someone has to help me understand, how in the heck did this company get itself listed on the NYSE? I am guessing the management team has some insider connections, considering the CEO’s prior work experience within the REIT industry. Prior to the share offering, this company had $508 DOLLARS in cash and $376,000 in total ASSETS. Come on, who is buying into this as a legitimate investment?

The danger here for shorts is the super low float. This can be easily manipulated higher, and if marijuana companies continue their late 2016 tear, this could easily double from here on little to no volume. They have made one property acquisition:

“Innovative Industrial Properties, Inc. (the "Company") (NYSE: IIPR) announced today that it plans to close its previously-announced sale-leaseback transaction with PharmaCann LLC ("PharmaCann") in December 2016. In the sale-leaseback transaction, the Company will acquire PharmaCann's state-of-the-art, newly-constructed 127,000 square foot medical-use cannabis cultivation and processing facility in New York.

"We are excited to have PharmaCann and its highly regarded management team as our first tenant," said Alan D. Gold, Executive Chairman of the Company. "PharmaCann's New York facility is truly a blueprint for an institutional-grade medical-use cannabis cultivation and processing facility. The PharmaCann team, as the holder of one of five licenses in New York and multiple licenses in Illinois, is laser-focused on developing the highest quality products to treat patients in those states for a wide array of medical conditions, including chronic pain, which New York health regulators recently added to its list of qualifying medical conditions."”

So it looks like the company is trying to corner the market on the lucrative “marijuana REIT” industry. LOL. If you read through the share prospectus, which came out in its final form a few days ago, you’ll find lots of entertainment. If you want some real entertainment, take a look at what these gents intend to pay themselves by way of base salary and bonuses in Year 1. Pretty Hilarious, considering there was pretty much no value here 1-2 months ago. Very easy red thumb.

Leaderboard

Find the members with the highest scoring picks in IIPR.

Score Leader

skivt

skivt (59.78) Score: +74.68

The Score Leader is the player with the highest score across all their picks in IIPR.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
skivt 59.78 11/15/2017 Outperform 5Y $19.31 +81.58% +6.90% +74.68 0 Comment
BornToBeBullish 58.40 12/1/2016 Outperform 5Y $19.03 +84.28% +24.88% +59.40 0 Comment
Bigsef77 70.75 4/20/2018 5/31/2018 Outperform 1Y $32.52 +7.81% +2.50% +5.31 1 Comment
HDTVBG < 20 6/15/2018 Underperform 3W $36.75 -4.60% -0.67% +3.93 0 Comment
mrbill6 < 20 5/7/2018 Outperform 3M $34.30 +2.22% +2.94% -0.72 0 Comment
AnsgarJohn 97.67 5/18/2018 Underperform 5Y $33.35 +5.13% +1.15% -3.98 0 Comment
turikalex1 98.83 1/11/2018 Underperform 5Y $32.09 +9.25% -0.36% -9.60 0 Comment
antigrowth 96.76 2/13/2018 Underperform 5Y $25.83 +35.72% +4.08% -31.64 0 Comment
kevday 98.91 3/20/2018 Underperform 5Y $26.26 +33.52% +1.40% -32.12 0 Comment
whatsthepoint 99.98 3/27/2018 Underperform 5Y $25.86 +35.57% +3.22% -32.35 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

There are no Wall Street tracker picks for IIPR.

Featured Broker Partners


Advertisement