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Elme Communities (ELME): A Bull Case Theory 

We came across a bullish thesis on Elme Communities on Valueinvestorsclub.com by Rulon Gardner. In this article, we will summarize the bulls’ thesis on ELME. Elme Communities's share was trading at $16.93 as of September 18th. ELME’s trailing P/E was 38.57 according to Yahoo Finance.

[caption id="attachment_960014" align="aligncenter" width="750"] Photo by Owen Lystrup on Unsplash[/caption]

Elme Communities (ELME), formerly Washington REIT, has opted for a full liquidation following years of underwhelming shareholder returns. The company announced the sale of 19 properties to...