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Alpine Global Premier Propertie Message Board

  • wardsown wardsown Jun 1, 2012 10:01 AM Flag

    WHAT' UP?

    This stock can't make up its mind. Unfortunately (for me) I bought just before this drop started.

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    • You mean right after the IPO?
      Sorry. I had too.

      Assuming the markets eventually rebound a bit you will be fine.

      Or just wait until it bottoms and buy more and take the dividends for a few months to get your loss back.

      These AWP folks really do have the worst timing of any companies/funds I follow. They could not have done this at a worse time to actually create value. I guess the good news is they are still buying back shares at a discount to their value. Even if the value is going down.

 
AWP
7.04+0.06(+0.86%)May 1 4:00 PMEDT