REITS - Buying 1 - 2 weeks before going ex-dividend Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Kibler who wrote (476)	11/13/1997 12:30:00 PM
From: Richard Barron	of 2561

Jim, Easy question since Merrill downgraded SEA and upgraded PSA. PSA has already run 1-1/2 points and until they get their new pick-up format working, should have a lot of supply, and SEA will have supply from the downgrade, even though I think it is a screaming buy. It's trading below it's Nov 96 price even though its FFO are 10% ahead of that pace. SEA should have major support at 23-1/2. WKS was recently upgraded and should hold up well. It's volume has picked up, so I think 29-1/2 is a good range. PAG, CUZ, URB, GGP, HIW, BED, SEA, WKS and TEE are all at good long term investment ranges. CEI is the leader of REIT's and is leaking just like the market in general. It is cheap now, but in may drop to the low 30's before hitting bottom. Richard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next