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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Grommit who wrote (47431)4/12/2012 9:56:27 PM
From: Sergio H  Read Replies (1) | Respond to of 78651
 
Grommit, talk a little, if you please about why you added to INN, and don't worry about the market technicals as they have a way to work themselves out.

Market rallied strongly but lacked vol. on test of technical support....this indicates volatility is coming up as not enough people felt strongly about buying on recent pullback but if you found value, the technicals can be ignored.

I don't think analysts properly priced INN and that their upgrades will likely follow stock price increase.