At this time, we have decided to terminate coverage of Restaurant Brands (NYSE:QSR) and Public Storage (NYSE:PSA) in order to focus our effort on new short idea generation and coverage of higher conviction ideas on our coverage list. Please find our final note related to QSR and PSA at the following link:
Please follow the link to download our thoughts in reaction to the company's Q1 report, and management commentary.
In this month's issue of Short Shrift, please find our thoughts on recent strength in SNA shares as well as results of our ongoing due diligence, TRN's recent earnings announcement, PSA's earnings announcement, BLDP earnings (as well as the news competitor PLUG Power would be restating financials), and TDG's recently announced divestitures.
In this month's issue of "Short Shrift," (the first of the new year) please find our thoughts on recent strength in shares of BLDP, weakness in KNSL, and the announcement that PSA has added two new independent trustees to its board of directors.
In light of news updates published in the Wall Street journal over the weekend, Elliot Management's open letter to the PSA board of directors, and the company's response published yesterday, Antrim offers our thoughts on the developments at PSA and the outlook for storage.
Today we are initiating coverage of a new short idea: Public Storage, Inc., listed on NYSE under the ticker: PSA. Subscribers can download our report using the link below.