"I am indeed rich, since my income is superior to my expense, and my expense is equal to my wishes." Kahlil Gibran

Go $BEE

11. January 2010• StocksPhantasmix Tags:  1 comment

(BEE: 6.55 0.00%) Strategic Hotels & Resorts

My near-term target is close to $4 but I already held to $3 once and then watched it tank. “Keep it together, keep it together”. The plan, for now, is to stick to the plan.

It’s up on a lot of positive news, namely certain hedge funds are buying in plus recent hotel sales that should help their cashflow. Fundamentally speaking, they have a lot of debt but also own high value properties like the Ritz hotels. Bill Gates reportedly purchased 5.6% of active stake at around $8/share.

Click to enlarge
bee3

 


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1 comment:

  1. Phantasmix Stock Blog » Blog Archive » $BEE Target Hit, I’m Out (Pingback), 9. March 2010, 21:46
     

    [...] Twice I referred to my (BEE: 3.72 +5.38%) target being around $4: BEE post #1 and BEE post #2 [...]

     

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