Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MCsweet who wrote (51718)	6/28/2013 11:19:41 AM
From: MCsweet	Read Replies (1) of 78701

For anyone dumb enough to follow me into the AERL rights offering, AERL is trading up to 4.07. Rights could be easily had for 0.50 or lower, so you could have bought the stock at 3.50 in the offering. I am shorting some AERL here to lock in a portion of the profit on the shares that I should get in the next week or so. The news in China doesn't look good, which seems to be to bode poorly for Macau gambling and usually stocks trade down when right offering shares come in. AERL also is a speculative company and industry. I may talk myself into hedging more of my position despite the usual post-rights-offering rebound and Hong Kong IPO, which will lead to a nice demand for shares. MC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next