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Five Star Quality Care Inc. Message Board

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  • berrygeorge51 berrygeorge51 Oct 28, 2011 11:27 PM Flag

    This could drop on November 23, 2011.

    I agree - it's an awesome stock - that's why I'm going to pounce - but the DOW is already at 12,200 and we could have some big down days - I will feel better in three weeks after we see what the gang of 12 comes up with.

    I agree though that I might miss out by waiting until then.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • no one is giving this company any credit for its assets or business. where do you see this stock in the long term if you are patient? do you think SNH would ever buy them if it stays at depressed levels?

      • 1 Reply to robinhoodbi
      • I think this is a great stock all the way around. I just think they might get sucked into the tornado of other nursing home stocks unfairly. This company is head and shoulders above the rest.

        The medicare thing could scare investors away for the short term even though it makes no sense.

        Why buy at 2.78 when you might get to buy at 2.

        But at this price , I think it would be a 5 bagger over say 3 years.
        Over 10 years perhaps a 20 bagger with all the baby boomers retiring.

        Any company is always a takeover target if the price is right.

 
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