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Strategic Hotels & Resorts, Inc. Message Board

mrclean82400 7 posts  |  Last Activity: Apr 12, 2016 10:19 PM Member since: Dec 3, 2001
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  • mrclean82400 by mrclean82400 Apr 12, 2016 10:19 PM Flag

    Now all we need is 20 more days like this and I will be back to even. Glad I picked up some for 70 cents or so. But still this stock has killed me.

  • mrclean82400 by mrclean82400 Apr 5, 2016 10:51 AM Flag

    I bought more yesterday and stocks always go down after I buy them. I am a contrarian indicator.

  • Reply to

    K-1

    by bagnell Mar 18, 2016 2:29 PM
    mrclean82400 mrclean82400 Mar 21, 2016 11:12 PM Flag

    September 15th.

  • Reply to

    Maybe BX would in interested in acquiring LHO?

    by infosecman1 Mar 13, 2016 11:15 PM
    mrclean82400 mrclean82400 Mar 14, 2016 6:34 PM Flag

    They would pay too little and then flip it and we would be net losers.

  • Did Yahoo once again muck up their website to add complication where complication is not needed to the point it does not work? It is insane!

  • Reply to

    Why up 22% today?

    by financelaw Mar 4, 2016 12:54 PM
    mrclean82400 mrclean82400 Mar 4, 2016 11:02 PM Flag

    I am hoping it is because China may be addressing their overcapacity issues:

    While it is still unclear when these cutbacks will actually begin, it is worth noting that the absence of a fixed timeline gives the government a degree of flexibility so it can gauge international and domestic reactions to the news and still make last-minute adjustments. More concrete details are likely to emerge at the presentation of China’s 13th five-year plan at the National People’s Congress on Saturday. Turning an economy as large as China’s around is a bit like altering course on a gigantic ocean liner. It requires space and time to maneuver, and mostly extreme care.

    The changes announced so far aim at reducing steel production capacity by 150 million tons and coal by 500 million tons over a three to five-year period. The cuts will eliminate 1.3 million jobs in the coal sector and another 500,000 in the steel industry. Altogether that represents about 15% of both sectors’ workforce. Beijing has officially set aside $15.3 billion to reallocate and retrain workers affected by layoffs in these two industries, and China’s Central Bank injected $100 billion into the economy on Monday to help ease the pain of the transition. And the cuts may eventually go deeper. Reuters, quoting “informed sources” close to the leadership, reported that 5 million to 6 million workers might eventually be affected, and that the cost could go as high as $23 billion.

  • Reply to

    Blackstone K-1 UBTI

    by longtermholds Mar 1, 2016 12:57 PM
    mrclean82400 mrclean82400 Mar 2, 2016 2:11 PM Flag

    Congress really needs to up the $1,000. Indexed for inflation it should probably be $10,000 by now.