Brookdale Senior Living (BKD +6.4%) shares are riding high after Bloomberg says the company...

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W. Walker Jr. Comments (256)
 
Of all the senior housing companies out there I would not have pegged BKD as a takeover target. There are several others that present better opportunities.
27 Sep 2012, 03:05 PM Reply Like

deercreekvols Comments (2916)
 
Long BKD and loving the "news" that they are a takeover target.
27 Sep 2012, 03:14 PM Reply Like

W. Walker Jr. Comments (256)
 
I bet you are, it might be wise to pull a little profit off the table, they are likely to see a downturn in the short term.

For those looking for an entry point, be patient for a few weeks.

An oversold senior housing alternative stock would be ALC. (don't be too quick to throw your nose in the air at it either)
27 Sep 2012, 03:19 PM Reply Like

W. Walker Jr. Comments (256)
 
Tickle me pink, after poking my head around, it seems that BKD may very well be in play. I revise my last statement, I wouldn't pull any profits off the table at this time. I just wouldn't be a buyer at these levels, even with the potential for a "takeover."
27 Sep 2012, 06:29 PM Reply Like

deercreekvols Comments (2916)
 
Thanks for the advice.

I hold a small position of BKD in my portfolio. I bought in after having my mother-in-law do a rehab stint following shoulder surgery at a BKD owned facility. Needless to say, I was super impressed with the facility and did some homework on the company. I liked what I saw and continue to hold BKD long.

I have not added to my position and have no intention of doing so. I will watch closely at what happens with BKD.

Thanks again for you comments.
27 Sep 2012, 10:35 PM Reply Like