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Chris Lau » Comments » GGWPQ.PK

  • General Growth Properties Files for Bankruptcy [View article]
    Due to the way SRS positions close by days-end, it's not a true hedge to the commercial REIT. So that would explain why SRS is lower than its stock price in 2007.

    See here that commercial REIT holdings are still below 2007 levels.
    stockcharts.com/charts...?$DJR

    This means that when the "recovery in this sector is supported by self-perpetuating stock rally, SRS will move up very, very fast...maybe around the $60. I'd look more seriously into SRS at that level. In the meantime, sit tight and let the rally ride itself out on low volume and fueled by government bailout funds.
    Apr 18 22:54 pm |Rating: 0 0 |Link to Comment
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