Newbie here and watching this board for some time now. In modestly at 2.86. Would like to get in with substantial amount (for me anyway) but would love 4.50 OB. Any thoughts on an entry point or did I miss it?
Thanks in advance to all feedback!
Had limit to buy in at 5.10 and it hit for 8170 shares. Glad to get that at least. I have another limit for 10,000 at 4.8 but I am aware this may never hit. I want to move on 28k shares total approximately.
Bought last shares at 4.50 on 05/05/11 so that may have been your last chance--but who knows. It kind of looks at this time that it will be difficult to have another downward move with all the good news on the horizon.
I believe you missed $4.50...but you should still get in now.
This stock is simply destined to go up and up considerably. You may get a lower price by waiting, but that's literally a matter of pennies. On the other hand, if you don't get in now, it may zoom right past you, never to be seen again.
Last week there was selling pressure at 5..Now there is buying pressure at 5..Only way you see 4.50 if market takes nosedive..Which in fact my broker David Lerner sent out memos warning of possible big drop in market!!!
Are you still in the Apple REIT's with David Lerner? I was wondering how that performance has been in the last 12 months? If you get a chance, you may want to ask him about investing in (Timber & Agriculture). It's a great hedge against inflation with rising commodity prices. The timber play is an awesome opportunity to get befor the next housing cycle....China is still growing and need tons of wood for housing and wood pulp for newsprint.
Also ask him about Blackstone Real Estate Fund VI........Hilton is looking hot as it's been written up 30% over acquistion cost....!!!!