Phantasmix Stock Market Blog

Twice I referred to my (BEE: 6.19 +1.48%) target being around $4:
BEE post #1 and BEE post #2

I got out today at $3.90 (yes, seriously, 52-week high to the penny). Modest 40% return since October. Super proud because I have NEVER held anything that long with that kind of positive return

No plans to re-buy it. Got nothing against BEE, just undecided at the moment.

Next stock that I really want to succeed is (LYG: 1.69 -1.17%).

Also, liking (PCC: 8.50 +0.71%), PMC Commercial Trust with 8%+ dividend, but unfortunately it has no options.

In addition to LYG, still watching SPX/SPY.

(BEE: 6.19 +1.48%) Strategic Hotels & Resorts

I now have technical substantiation of my $4 target – inverse head-and-shoulders on the daily chart.
Volume pattern still shows accumulation.

I’m not getting attached to the stock, and really welcome any negative comments on this trade idea.

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(BEE: 6.19 +1.48%) 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