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Apollo Commercial Real Estate Finance, Inc. Message Board

  • Wriskit Wriskit Jan 24, 2003 2:51 PM Flag

    ARI slowly sinking

    Looks like ferdiefor has called the tune on ARI. I would buy in at 19 if it gets that low.

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    • I have to agree. Nice call so far by ferdiefor. I'm sorry to see it coming true, and even more sorry I didn't sell earlier.

      I sold all my shares today. Been in the stock since 10/98. Sigh.

      Assuming the stock continues to drop, I too will wait for a lower entry point. Perhaps business will stay punk enough that the div. will be cut and the stock then drop.

      (aside: The assets are still there and still desirable over the longer term, imo. So it's possible we're seeing the bottom now. If Iraq war ends quickly, all stocks could recover. I've just had enough for now with ARI. Jmo, and I've been wrong many times.)

 
ARI
15.48-0.13(-0.83%)Feb 9 4:01 PMEST