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Hersha Hospitality Trust Message Board

  • wizestman wizestman Oct 26, 2009 6:14 PM Flag

    Why the large drop today?

    Anyone have any ideas about the large drop today? Volume was almost twice the daily average! Looks like some big investors do not want to wait for the conference call news before heading for the exits.

    See my previous post on 10/18. I think that a cut in DPS will be inevitable, which could probably explain the stock price drop.

    However, I am still of the opinion that this is a hold.

18.13+0.50(+2.84%)Feb 12 4:02 PMEST