Breakout to $4.15, nice run today. ABR looks to be a more stable stock these days....I think it will settle in around $5 per share here soon... NO movement after that until they start the Dividend process up again.
That said, I'd love to see ABR go on a drunken romp, just one day, to see what it's like. I'd deal with the inevitable fall back afterwards. Let you hair down ABR, do a pole dance! ABR is like the sexy women hiding behind the librarian's spectacles.
Don't think so, not unless we get bad news re revovery in general or related to ABR specifically. Why? Look at the 1 month chart. It has inched up and over every little penny, painfully it seems at times. There is no gap to fill. Compare that to NCT, MPG, BEE, etc. They have all done amazingly, but they ar elike a rollercoaster and must fall back every now and then to cover their gaps. ABR never does (famous last words). GLTA
lots of positive news on REITS in general, with the improving economy and the "worst behind us", I feel this stock could steadily climb. Shorts closing positions too.
Probably a $5 stock be end of year. If they ever get back to paying a dividend, $10 stock.