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Message Boards Settings MHI Hospitality Corp. (MDH) - Quote Info
Re: Suspicious trades?     20-Apr-09 12:59 pm    
The trade was a normal limit order with no special conditions. I didn't want to pay more that $1.05 but was shocked to pay less than the limit #. I have no idea of how the price is set.

This is a risky stick in that it is such a small company and in a business that is affected by a recession. On the other hand, I believe (hence the buy) that it is worth well in excess of the current stock price and that it has been artificially beaten down. I expect to be buying more if the stock dips.

I like the expected return on companies like this, since even if there is a 50% chance of bankruptcy (a made up # of course), the other outcome is likely a gain of 500% or more. With payouts like that, I only need 1 company in 10 to hit to break even. The secret is to spread your bets a bit and not put everything in just a few companies.


Sentiment : Buy
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HE9412


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Today, I bought 1k shares at the bargain price of $.91 ...
HE9412 Rate it 17-Apr-09 01:45 pm  
 
Do you know if the short interest on MDH is availa...
sanitycheck... Rate it 17-Apr-09 05:28 pm  
 
So someone does follow this stock and is actually ...
paul_c85 Rate it 17-Apr-09 09:30 pm  
 
Re: Suspicious trades?
HE9412 Not rated 20-Apr-09 12:59 pm  
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MHI Hospitality Corp. (MDH)

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At 3:59PM ET: 1.97 Down 0.04 (1.99%)
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