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Supertel Hospitality, Inc. (SPPR) Message Board

  • YILON YILON Feb 2, 2008 12:46 PM Flag

    Up 16.89% This Week

    SPPR up 16.89% this week on good volume. The yield is now below 8%. Perhpas the insanity is ebbing.

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    • Maybe,

      I did bet on it though, I added shares here and the other REIT I held. I also established positions in 4 new reits and a bank stock in the past 5 weeks. Hard to think of a sector/industry that got hit harder than REITs especially any that had to do with lending, whether or not they had subprime exposure. My only regret is that I didn't have cash to buy into Bank of America.

      Feel good about the prospects here. Still feel this is at least a $10 stock. Lower interest rates are gonna help SPPR and entire sector come out of the dumps. IMO.

      Looking forward to the next acquisiton or dividend increase. Whichever comes first...

      Jim

 
SPPR
2.11-0.08(-3.65%)Sep 19 4:00 PMEDT

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