Hot Topic Inc. (HOTT)

[richrichrich]

I got out at 7.90 on Thursday. Since I got in a year ago, at 8.00, and got the special divi along with several other regular divis since then, I guess I made a small profit. After reading an article about how April was one of the worst months yet, for retail sales in general, I made up my mind. Don't know how HOTT made great profits recently, when everybody else did poorly. I don't think this new rise will last too long. Going to put the money into one of those REITs that are paying 18-20 percent annually, like ARR or AGNC. They are "mortgage" based REITs, and have their own set of risks. I just no longer see Hot Topic as a big profitter, for the near future. It already took a whole year, just to get back to 8 bucks-ish.