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 (2288)	4/28/2002 8:57:08 AM
From: Richard Barron	Read Replies (1) of 2561

Jim, I had sold most of my position in October when it was trading near 20 and had .51 FFO for the 3rd quarter, down from .51. I sold the rest on 4/22 when I figured that the blowoff high that I had sensed was in effect. I sold about 1/3 of my REITs that were trading more than 12xFFO. Long term, I think REITs are cheap compared to stocks at these levels, but some were trading too much over NAV with little FFO growth to justify it. I may consider some if NHP pulls back to 16, but I really am not investing much anymore. I have been spending time doing some community service and have lost interest in the market. I spend 10 hours a week, when I used to spend 70-80 following the market. Richard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next