The stock will spike up and down irratically while slowly showing upward movement IMO. Of cause, there will be selling going on when the spikes reach the top, and the company will be selling shares to use the investor's money to reinvest in real estate. This is the whole point here - isn't it? It takes sometimes up to six months to do re-models. What do you guys expect? Buy, remodel, sell, and make profit over night?
I worked with A1 Custom Construction in LA, CA. We turned old homes into luxury homes in Brentwood, Westwood, Malibu, Beverly Hills, etc. We were in there for months at a time. After that the realtors were ready to show the house. Than came the buyers.
It's kind of counter productive to invest and bash at the same time. All the new investors are looking for information and comfort in their decision making to purchase this stock, and ultimately they read our posts here. The negativity is not helping the PPS. The way I see it, look at the 3 mo chart. What's there to bitch about?
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