Monday 4 February 2013

Real Estate Capital Partners Trust (RCU)

Typical- first stock I discuss goes down! RCU closed at 45c on Friday. I'm buying more. Hopefully the price gets walloped so I can buy more cheaply. I believe the main risk we face is what the major shareholder has in mind for the cash-box, and I've no doubt that is why people are selling now. That doesn't phase me too much as I've seen plenty of these situations before and the key is to get a low average entry point. So like I say, the lower the price goes in the short term, the better for us.

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