Trustworthy Capital Trust?
I don’t know if Capital Trust is hiding anything but it looks way too cheap. It seems like the market believes that Capital Trust is hiding losses. With a price to earnings of six and a dividend of 11.10% one might think a gem has been created because of the subprime mess. If that’s the case, a hot stock in a cold sector we can see some really nice gains if we hold on to it! The fact that insiders has been buying is quite calming to hear.
I’m going to stay away from real estate stocks for now, but If CT can drift lower than $25 I have to rethink my decision.
Tags: buying capital trust, capital trust, capital trust is cheap, capital trust stock, ct, hot stock in a cold sector, real estate capital trust, real estate stock, real estate stocks, trustworthy capital trust
June 9th, 2008 at 10:50 pm
[...] Original post by Mulzar.com [...]
June 9th, 2008 at 11:03 pm
[...] Original post by Mulzar.com [...]
June 10th, 2008 at 12:41 am
[...] Original post by Mulzar.com [...]