Peter,
I bought ENN today, since they had $600,000 or so of insider purchases at 15-1/16 recently.
I will wait for Friday's employment report, before doing any short term trading. A correction of 5-10% may occur if the employment # is too strong.
Almost all of the ones you listed are up 5-10% from 2 weeks ago or less. AML was at 22-1/8 just days ago.BNP is probably the only one near the low and just had a secondary. It hasn't grown FFO in years, but now that they are diversifying, the street has shown some confidence in them. It's a decent trade, but I'm leery of long term before they produce results.
blankmind,
I have a spreadsheet in Office 97 professional format with about 200 REIT's and 2 years of data, if you want to save yourself some effort.
JAMS has declared the dividends in months 1,4,7,10 between the 22 and 28th for the last 7 quarters with the dividend date being in months 2,5,8 and 11 between the 2nd and 9th (less 3 business dates). I'd expect the announcement around the 24th of the months. With all the pressure on hotel REIT's be careful.
PAH is one of the 2 leaders of the pack (HOT is the other) and PAH didn't hold support today and HOT is pushing back the ITT merger by 2 weeks, which is no big deal, but the street gets antsie sometimes. ENN, FCH, HPT are others trading near lows. JAMS rebounded from 11 in the last 2 weeks and may go back there soon.
Richard |
