Fast Money Recap - Any Hope for Housing? (12/23/08) [View article]
If the REIT market comes back by 20% and everyone shorts it, we know what that will do. It will scare off all the new investors and appear to be a failure at a turnaround. That's what is happening in everything else right now. Everyone wants their quick dollar and no one is really interested in investing in companies. The only advantage I can see is that the prices will drop again and those of us out there to buy a good product and hang on will again get good prices and a much better return in the end.
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If the REIT market comes back by 20% and everyone shorts it, we know what that will do. It will scare off all the new investors and appear to be a failure at a turnaround. That's what is happening in everything else right now. Everyone wants their quick dollar and no one is really interested in investing in companies. The only advantage I can see is that the prices will drop again and those of us out there to buy a good product and hang on will again get good prices and a much better return in the end.
Dec 26 09:58 am
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All Comments by whisperonthewind »Fast Money Recap - Any Hope for Housing? (12/23/08) [View article]