(04-10-2015, 08:23 AM)Main Street Stock Investor Wrote: [ -> ]Sold partial position in GE this morning:
GE: Purchase date/price = 1/14/15 @$23.66
Sale Date/price = 4/10/15 @$27.48
Gain = $3.82/share for 3 month holding period
% Gain = 16%% for the 3 month holding period, 65% annualized
Seriously? I'm backing up the truck here. 20% EPS bump over next 3 years just from share reduction.
Added to LXP. 7% yield.
Many equity REITs are down, reacting to rising long rates. Bargains are starting to appear. This is the first of what I hope are many.
(04-10-2015, 09:15 AM)rapidacid Wrote: [ -> ] (04-10-2015, 08:23 AM)Main Street Stock Investor Wrote: [ -> ]Sold partial position in GE this morning:
GE: Purchase date/price = 1/14/15 @$23.66
Sale Date/price = 4/10/15 @$27.48
Gain = $3.82/share for 3 month holding period
% Gain = 16%% for the 3 month holding period, 65% annualized
Seriously? I'm backing up the truck here. 20% EPS bump over next 3 years just from share reduction.
Well.........my truck was already loaded and now I'm going to take a little profit.