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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (33811)3/16/2009 8:32:35 PM
From: Paul Senior  Read Replies (1) | Respond to of 78774
 
REITS: "I continue to watch the preferred series for new lows."

What might shake me out of my reits would be a reit announcement that the reit is going to pay its preferred dividend in stock and not in cash. So far, none has announced this. So far.

Meanwhile I am adding to positions as these preferreds drop. Small positions within a diversified reit sector.



To: E_K_S who wrote (33811)3/17/2009 3:05:47 AM
From: Tapcon  Read Replies (2) | Respond to of 78774
 
EKS,

Lots of negative sentiment on REITs these days. Did you read the GS report on REITs that Spek posted earlier?
reitwrecks.com

As negative as it was, it did mention a few Buys in the sector, which corresponded with a few mentioned earlier by Marty Cohen in the Feb 2 Barrons discussed here earlier: BXP and SPG were included as Buys. And AVB which Cohen included as a buy, the GS includes as a "neutral". All 3 of these soared in the past week, but today, all REITs got hammered.