David Stafford's  Instablog

David Stafford
Send Message
Student of markets, enjoys following their course.
My book:
Around the World in Several Pieces
  • So Goes MPW 0 comments
    May 29, 2012 6:29 PM | about stocks: MPW

    Well, MPW was up for the day today, as was the rest of the stock market. The DJ was up 1.01%, the S&P was up 1.11%. MPW was up 1.68%, which makes sense with its beta, aka correlation with the markets of 1.58.

    Medical properties trust, is thus up .15 cents for the day, having a current price of around 9.1$ PS.

    The current trend apart from the normal market tracking concerning MPW, entails a haymaker order right at the close of the day for the past several days.

    Last Thursday and Friday for example, a tremendous amount of volume occurred in the last minutes of trading. This led to a jump in price at open the next day. Today, we didn't see this pattern, but either way, it was interesting while it lasted.

    Stocks: MPW
Back To David Stafford's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.