And you don't really hear much chatter about REITs right now.
My belief? Once silver and gold popped, there weren't
too many safe havens left: AAPL, CMG, PCLN. Now those are
popped. This really is the last safe haven left! I
could "picture" the fundamental stories for silver, AAPL, CMG, and
PCLN. I have trouble with the compelling growth story for SPG
(I don't know too much about it though). Can somebody
enlighten me?
Posted by mdschapiro on 10th of May 2012 at 06:24 pm
I used to be short the Reits in 2007 to 2008 to just before they
crashed, so I missed the collapse. Just think about it, what is
different now to justify the current price versus the situation
when it was in the $20.-. So it seems a matter of time, first to
give the ghost in a deflation event are commodities and commodities
related stocks, then financials and last the general indexes
and a few stocks deemed "safe".
Nobody saw this coming
Posted by kalinm on 10th of May 2012 at 04:21 pm
And you don't really hear much chatter about REITs right now. My belief? Once silver and gold popped, there weren't too many safe havens left: AAPL, CMG, PCLN. Now those are popped. This really is the last safe haven left! I could "picture" the fundamental stories for silver, AAPL, CMG, and PCLN. I have trouble with the compelling growth story for SPG (I don't know too much about it though). Can somebody enlighten me?
REITS
Posted by mdschapiro on 10th of May 2012 at 06:24 pm
I used to be short the Reits in 2007 to 2008 to just before they crashed, so I missed the collapse. Just think about it, what is different now to justify the current price versus the situation when it was in the $20.-. So it seems a matter of time, first to give the ghost in a deflation event are commodities and commodities related stocks, then financials and last the general indexes and a few stocks deemed "safe".
SPG
Posted by biscuit on 10th of May 2012 at 04:54 pm
are they refitting their shopping malls into FEMA detention centers?