hotel float

  1. 86 Posts.
    prob with this float was instos who got in at floor level were offered shares at $2.00 this was in the prospectus about page 195!! so all the dumping has been by them I bought in the other day at $2.17 I thought if the insos were very happy to pay $2.00 then I bought in under 10% above what they paid Im happy but Im in for the long term dont panic ALH have their fingers in a lot of pies so watch and see if vol increases as the instos buy back in after taking their stag profit..

    good luck to all in todays market
 
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