City Spring
August 27th, 2009
City Spring just gave dividends rights issue and on that particular day, the stocks plunged from 80 cents to 60 cents. It had the same behavior as any other REITS - real estate investment trust. For those who uses dividend reinvestment strategy.
It is a good time to enter with the current support holding. It just reminds me of Capitacomm. It’s been testing my patience for more than 3 months or so. Definitely something not for trading. Today finally make its move. and if the stock close above 0.92. It might signal start of new trend.
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