TSX:HOT.DB.V - Post by User
Comment by
righand2on Jun 01, 2017 10:07am
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Post# 26310591
RE:Back for another round
RE:Back for another roundArbProfit wrote: Just bought 26/25/24. The financings are expected and not finished. As the market cap grows, they should get included in various indexes and get more attention. Bigger is better in the long run.
I added as well, saved a couple hundred bucks off the financing price. HOT always trades below the issue price for a while, but I agree that it should rise back to the high $10's before they do another acquisition/financing. And who knows, with this very large acquisition, maybe they will be satisfied for a while and actually let the share price rise toward the target prices analysts have for the stock, most of which are in the $12 range. Wouldn't that be nice!
Meanwhile, we get paid very well to wait.