REIT
Bought HOTT, WNR, SSO, GGP, CVTX
Picked up: HOTT @ 6.49 WNR @ 8.17 CVTX @ 10.64 GGP @ 2.39 SSO @ 30.32
I’m Not Chasing This Today
Since I went to 100% cash yesterday, I missed this morning swell. It would have sucked giving back 5% in the RUT and another 3% in the NDX, but it didn’t happen and gains are preserved. The best trade today might be at the close so I’m sitting tight and waiting to buy. I will …
Scouting Some Stocks
IO – ION Geophysical Corporation Equity REITS (commercial) are starting to move. HCN – An old favorite. A Healthcare REIT that had some MAJOR volume around 11-8-07 with 9.1 million shares traded. At the time the Average was 1.2 million. PSA – Public Storage. This one looks very good at the current price level. TCO …
Sold HCN
I know I said I wouldn’t do it, but I did it. I sold HCN. The run has been really good and its way overbought. I’ll wait for it to come back in before buying it again. REITS are turning up in unison lately so HCN might get a little more push up here, but …
What Worked Today 9282007
HSVLY – New 52 week high today. Don’t you…forget about its…div-i-dend. 5.9%. AZK – New all time high. Up 6.3% in two accounts, 13.5% in another. KTOS – Gave me 2 cents of love today, but ended up with a new weekly closing high not seen since December 2006. Plus it closed over its weekly …
