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| Gator's Chart of the Day: RPAI |
Retail Properties of America is about as far from AAPL as you can get. Right now I think that's a good thing. You may remember that the market has been trading down for the last three days. Each one was 100+ DJIA points and Wednesday looks like another ugly open. RPAI has printed green candles each of those days.The stock hasn't been trading very long ... just since April 5th. It is pushing on it's all-time high (9.83) and if I wasn't so lazy I would have drawn the flat top triangle but you'll have to use your imagination. If we get any kind of positive news RPAI could move higher. It is thinly traded so be careful of you decide to take a position. (They report earnings August 6th after market.)
"Inland Western Retail Real Estate Trust, Inc. is a real estate investment trust.
It engages in acquisition, development and management of properties. The trust
invests in the real estate markets of United States. Its portfolio consists of
retail properties, including lifestyle, power, neighborhood, and community
centers, in addition to single-user net lease properties. Inland Western Retail
Real Estate Trust, Inc. is based in Oak Brook, Illinois." Finviz