IMO someone has been accumulating this stock for the last few weeks. Keeps getting taken out in big chomps while a lid is currently being kept on it at 51 - 52. Could break out in a big way according to the chart when it breaches 52 with conviction. Jumped on this at 32 and 36 and has been a fantastic ride. Has been holding beautifully above 48 on these last two down days so with a green dow should do well tomorrow after a strong close today. IMO is forming a new base at the 48-50 mark before it tries to break through resistance at 52. Has been very little chatter on this stock compared to some of the others REITs I hold such as GMG , VPG and BBI. Someone said the other day on here the quiet ones are often the good ones.
On another note I saw posted on I think it was the GMG thread a Citi recommendation for IIF at major underweight and 5c. Someone in the know clearly disagrees. Good trading everyone.
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