We have been closely following BEE’s dramatic price run of 194% since our buy signal just 7 months ago, and we have been looking for an opportunity to take partial gains off the table. Today, Strategic Hotels & Resorts, Inc. (BEE) has pulled back slightly from yesterday’s close of $5.80 per share – and thus, we are now recommending that partial profits be taken on BEE shares. Hold onto the remainder of your position for longer-term projected gains above $8. Strategic Hotels is a Real Estate Investment Trust (REIT), which owns and provides value-enhancing asset management of high-end hotels and resorts in the United States, Mexico, and Europe. The company currently has ownership interests in 17 properties, which include the Fairmont, Four Seasons, Hyatt, and Westin brands, with an aggregate of over 8,000 rooms.

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