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Hersha Hospitality Trust Message Board

  • jgtaylo77 jgtaylo77 May 4, 2011 3:55 PM Flag

    Good Luck: Probably Gonna Need It

    I whimsically purchased 330 shares at $5.95 a short while ago. I exited 6 months ago, having been much discouraged by the shameful common dilution by the Shah dynesty. Alberto Elztain isn't, he has done well. He probably could have done better though. DRH diluted to the tune of two times its 2007 shares. It trades at par to value currently. I'm afraid, having observed the full impact on DRH, which was diluted in a much less reckless manner, that the current outlook for HT (3 x dilution)this Q earnings does not bode well. HT has purchased well, but the shares sold just cut the heart out of the common.
    GLTA' jtaylor
    Good Luck! This could go to $5.

17.61-0.11(-0.62%)May 27 4:02 PMEDT