(Reuters) - "I would say that there are clearly two different investor groups in the stock," Adornato said. "No. 1 are traditional real estate investors. Those investors can no longer justify owning the stock, since the company will no longer own and operate real estate."
The second group are hedge funds who entered the stock during bad times a few years ago and were pleased when investor Gerald Ford assumed the chairmanship and took control of the company, which will now focus on its insurance operations.
Read more at Reuters.com Business News
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