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Five Star Quality Care Inc. Message Board

  • isce_ille_iste isce_ille_iste May 22, 2013 10:27 PM Flag

    Someone buying heavily today

    Check out the volume up on share purchases...

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    • RT to isce_ille_iste:

      The late "up" rally on increased volume in the last half hour of todays (Wedneday's) trading session certainly has me completely befudled. And finishing on a positive note for the session on a down day in the general market goes counter to my current instinct which is to sell these shares and to turn them into cash. This should not be happening and that concerns me. I consider any buying activity at this time to be extremely reckless and inappropriate given my on going negative predictions for FVE through 2014.

      Cheers and good investing,

      Sentiment: Strong Sell

      • 1 Reply to retiredtechie
      • unfortunately for you, RT, the market does not frequent chatboards; most of the buying is likely by investors & institutions who feel FVE is undervalued relative to its peers and is likely to provide decent returns over the long haul. doubt any of the recent buying is for short turnaround. this industry has long-term stability due to the inherent demographics, so the providers of today imo will either improve operations, margins and returns to shareholders or be taken out by someone who wishes to do the same. conversations on this board have very little to no affect on decision-making in the general market...thus, your comment that current improvement in pps leaves you befudled. GLTA.

4.49+0.08(+1.81%)May 27 4:02 PMEDT