Anybody still holding??

How much longer?
Joel091147
Posts: 272
Joined: Tue May 15, 2012 7:01 am

Anybody still holding??

Post by Joel091147 » Fri Oct 02, 2015 1:19 pm

Any body still holding waiting for $20, this shit is holding in the mid $18s and some analysts predict a target price of $21-23, so $20 doesn't look out of reach? Thoughts??

compass
Posts: 35
Joined: Sat May 19, 2012 11:03 am

Re: Anybody still holding??

Post by compass » Fri Oct 02, 2015 4:31 pm

With all the insider activity and some large name companies having bought into the stock I think its worth holding Analysts have given it a higher price target. Plus still getting the dividend so whats the rush to sell. Unless the market as a whole goes down, Im feeling like it has some more upside. No point rushing to sell.

Joel091147
Posts: 272
Joined: Tue May 15, 2012 7:01 am

Re: Anybody still holding??

Post by Joel091147 » Fri Oct 02, 2015 6:26 pm

Agreed compass, almost hit $20 a few weeks ago, think it will go over $20 at some point. My worry is next month big wigs will be able to sell their shares, will they dump or hold for a higher price??

compass
Posts: 35
Joined: Sat May 19, 2012 11:03 am

Re: Anybody still holding??

Post by compass » Sat Oct 03, 2015 4:03 pm

Joel, I think when theres a lot of insider buying, its a good sign. They are managing they know whats happening on the inside. They would not be buying unless they see a good upside. The information is out there! Glade recently bought shares over 1 million dollars worth at $18.13 per share. ( he paid the highest, shows what he knows). The Knight Family is buying in, Directors Justin & Nelson Knight, they bought in the mid $16 per share to mid 17s per share. Aprox 10 other directors of Apple Hospitality Bought in. Millions of dollars worth they bought. They are the most likely people to know whats coming in this deal.
This is just my take on it. Im not a big stock investor. Most of my investments are real estate related. Comm & res buildings, rental, mortgages. My feeling is when it reaches my cost of $20.50 share, I will consider how much to sell. Im not loosing money collecting the dividend!
A lot of people sold bc they wanted out. Personally, I think the stock has held up well in the last couple weeks/months. If I need cash, I'd sell but I don't. If your elderly and have all your money tied up thats different. Sure appears there are a lot of buyers out there.

compass
Posts: 35
Joined: Sat May 19, 2012 11:03 am

Re: Anybody still holding??

Post by compass » Sat Oct 03, 2015 4:06 pm

Here are the insider transactions for August 2015

https://finance.yahoo.com/q/it?s=APLE+Insider+Transactions

Joel091147
Posts: 272
Joined: Tue May 15, 2012 7:01 am

Re: Anybody still holding??

Post by Joel091147 » Sun Oct 04, 2015 6:28 am

I agree with everything you have said Compass. I have been here for 9 years and have made money off this thing!! I am neither elderly nor do I need to access this cash! My break even point is $18.09, I can walk away now with more than I gave the IC who sat at my kitchen table an sold me this stuff. However I am holding for $20 and change! I will take the gamble! I think most people got out because they were fed up with Lerner and his tactics, they just wanted liquid! I am finally transferring this account to Charles Schwab this week, I don't trust Lerner to make my trade.

ccppww
Posts: 317
Joined: Wed Oct 05, 2011 6:11 am

Re: Anybody still holding??

Post by ccppww » Mon Nov 02, 2015 12:42 pm

$19.99 - not $20 yet

Joel091147
Posts: 272
Joined: Tue May 15, 2012 7:01 am

Re: Anybody still holding??

Post by Joel091147 » Mon Nov 02, 2015 1:47 pm

Anybody still holding will be rewarded with this one. Many analysis have it between $21-23! $20 is a benchmark it will teeter in the 19.90s before it hits $20 and when it does probably retreat back. Could be months but bet it gets to $21-22!! Upside is the dividends every month!! Think the naysayers and shills on here have all fled to the hills!! What a moneymaker so far!!

Fred
Posts: 78
Joined: Sat May 23, 2015 2:08 pm

Re: Anybody still holding??

Post by Fred » Tue Nov 03, 2015 8:25 am

It's still below what we paid for it! Many other stocks have done better since the time we were stuck in this investment. Yes,the dividend was nice. You could have done well in other places, and you could have done worse. There is no guarantee this stock is going higher or lower. It's a gamble in either direction. Interest rates go up, that signals a down direction for REITS. These guys went on a buying spree recently with borrowed money. Set your target price and get out. If you are not willing to put a limit up or down, then you usually get swept up in the downturn. I hope you guys make a fortune with this. For me, I'm glad I got out when I did.

ccppww
Posts: 317
Joined: Wed Oct 05, 2011 6:11 am

Re: Anybody still holding??

Post by ccppww » Tue Nov 03, 2015 2:37 pm

Ditto.

Glad I got out also.

Could have bought APLE when it went down to 14 or lower but there are much better reliable investments out there.

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