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7 pts

Opinion on  Pennsylvania Real Estate Investment Trust (PEI)     Sector: Services  >  Industry: Real Estate Operations
Bullish on PEI ...

Nov 08, 2008 05:40 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Pennsylvania Real Estate Investment Trust (PEI) Trend Trader closed a trade on PEI last Monday for a 4.8% return before a small commission in a two week play. The timing was good as the stock dropped back to support right after my exit. I like the company (a REIT) and may well re-enter if it can establish a new trend up after it finishes dealing with the current support level


PEI:  This call was made on 11/08/08 @ $10.03
Rating:   Positive   $10.03 (11/08/08)
Gain/Loss:   -26.92% in 379 days


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