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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

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To: Richard Barron who wrote (527)12/12/1997 12:00:00 PM
From: George T. March  Read Replies (1) of 2561
 
Hi Richard, I finally got a chance to buy JDN at the current 30 7/16
price. With the recent offering price at 31 1/2, I believe they will support it. I believe I will hold it for the longish term. Also added to my FAC position. It looks like the bottom is in on the stock and we'll now find out how strong its recovery is coming along. Would appreciate any company financials you have on GVE. There doesn't appear to be anymore downside, but the dividend doesn't excite me. FWIW, my short term cycle measure should give us a bounce for a few days, but the intermediate cycle is still headed down.
Regards....George
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