Corporate News - Allco REIT, GEMSTV
Posted On Friday, February 1, 2008 at at 9:50 AM by Finance Analysis
The heavy correction has punished a lot of stocks, but one of those most heavily punished is Allco REIT. It has fallen more than 50% from $1.40 in May 06 to $0.67 currently. As such, I am placing Allco REIT on the stock alert with a buy at $0.67 at 50% below NAV.
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Source: Extraordinary Profits
Another stock we saw was GEMSTV. We expect to see it rally and some brokers give a high target price for it. We might see it break $0.415.
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Source: Steady Bull
