BEE - Strategic Hotels, Inc. (NYSE Stock)

[greencat]

STRATEGIC HOTELS INC(NYSE: BEE) Could make a nice move out of this set-up. Hotels wouldn't be my forst choice though

BEE Chart



Strategic Hotels & Resorts, Inc.
200 West Madison Street
Suite 1700
Chicago, IL 60606-3415
United States - Map
Phone: 312-658-5000
Fax: 312-658-5799
Web Site: http://www.strategichotels.com

DETAILS
Index Membership: N/A
Sector: Financial
Industry: REIT - Hotel/Motel
Full Time Employees: 44


BUSINESS SUMMARY
Strategic Hotel Capital, Inc., a self-administered and self-managed real estate investment trust (REIT), engages in the ownership and asset management of upper upscale and luxury hotels in North America and Europe. It owns the fee interest in 11 hotels, comprising approximately 4,961 rooms, located in Arizona, California, Florida, Illinois, and Louisiana, and in Mexico; owns leasehold interests in hotels in Illinois, France, and Germany comprising an aggregate of approximately 859 rooms; owns a 35% interest in a hotel in Prague, Czech Republic comprising approximately 372 rooms; owns an 85% interest in each of the InterContinental Hotel in Miami and the InterContinental Hotel in Chicago; and a 31% interest in and act as asset manager for a joint venture that is developing the Four Seasons Residence Club Punta Mita, a luxury vacation home product. The company also manages seven hotels. The company operates hotels under the brands of Embassy Suites, Four Seasons, Hilton, Hyatt, InterContinental, Loews, Marriott, and Ritz-Carlton. The company qualifies as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to the federal income tax if it distributes 100% of its annual taxable income to its shareholders. Strategic Hotel was co-founded by Laurence Geller in 1997 and is headquartered in Chicago, Illinois.

[greencat]

Looks like it wants to make a higher high. It has a good chance to do it...
BEE Chart

[greencat]

Originally Posted by greencat

Looks like it wants to make a higher high. It has a good chance to do it...
BEE Chart

BEE made a hell of a move. Chart is up to date.

[greencat]

BEE with the monster move.
BEE Chart


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[greencat]

BEE has a real nice setup. I fully expect it to move up out of this nice candlestick setup.
BEE Chart

[greencat]

Bee continues its very strong move..Not where I would buy though.


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[greencat]

BEE looks like it will make a cup pattern. High probabilty it will make the cup pattern and more.. IMO

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[greencat]

BEE starting back to buzz. The completion of the cup pattern is still on. I fully expect it to make it.

BEE Chart

[greencat]

BEE consolidated a bit and looks like it going to make another move up. Almost in the buy zone..

BEE Chart