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Josh Brown questioned if LQ has to spend a lot of money to renovate properties. Walker said that money will be "behind them by the time of the spin." But Walker acknowledged "there's absolutely downside" if there's a recession. He said based on 2009, the stock held up OK and thinks it would be OK in "even a garden-variety recession."
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1.81% APR* Joe Terranova asked Left where he gets out if the stock goes higher. "Good question. Uh, I'll scale it back as it goes higher," Left said.
Will your boss give you a cash advance on your paycheck? Probably not, but you won’t know until you ask. My friend recently convinced his boss to advance him $1,000 and then pay back $200 from each of his next five paychecks. It isn't common, but it happens.
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Weiss said, "That's the joke, said on this show also, 'Oh, it breaks the 200-day average, watch out.' OK, forget about the technicals. Look at where there's value."
Asked about his next-10%-is-up pronouncement from a day earlier, Jim Lebenthal tentatively said, "I'm sticking with that call."
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