For those that are interested, I mentioned one of my favorite companies, AHM about a month ago and they were selling around $27 at the time. They are now at (last trade) 31.71 and since that time when they were the only mortgage reit to raise divdends last quarter, the president of the company bought over 8 million dollars of AHM stock. As I said back then a tight ship and growing. At this time it should hit around $40 with not too much trouble along the way, once it breaks the next resistance point. Even at todays price they are paying over 11% at 6X earnings and they are expanding rapidly, so the growth is a bonus you just can't beat in the market anywhere except for maybe taking a flyer on google:o). Hey, if I can't gloat about it here where can I?
On light trading days, there often are opportunities that show up as the market for certains stocks become inefficient. If any of you see one of those opportunities, I'd appreciate it if you posted. Thanks. I think, in any case, everyone should post their favorite stock going forward through the New Year!