RE:BWAIts all about the price moves and what you bought the shares for...and how you could exploit it, in mho.
with one of the highest volatilities on TSX, you could play LNR very nicely for covered calls.
as it trades in a range of 55-60/62 lately, you keep on making a few 100 $$ every month...either that or shares being called at a higher price then you buy them...
you could wait for the larger appreciation, yes, but I think lingering NAFTA unknowns will keep institutions/i.e. responsible for larger price appreciation, on sidelines for a while...
plus, April-June is about the best time period for this stock, we will see...