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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...


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

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