I got O shares form the ARCT deal......sold all at the opening today up 30% taking it all off the table. Long term I like "O" but all the insider sells in May sucked, and then it tanks. I might get back in below $38. Over priced for sure at the moment.
Bought at $31 over 12 mos. ago, sold at $52. Appears the bottom is falling out of NUMEROUS stocks lately, NOT just " O " . Thought we might see the $60's mark before the " big boys " decided to take their summertime vacation profits out of everyone's 401K's!! In general, investor confidence is NOT what most would like it to be and that is fairly obvious. $38 a share could be a good re-entry point here with this late May sell off! Wait and see is now my philosophy too!