Anyone else watching the REIT wars on Seeking Alpha? On one side you have the cheerleaders saying now is the time buy Simon, O, EPR and other retail REITS. On the other side are the folks reminding people that shareholders get nothing in a bankruptcy. Fairly entertaining.
I'm not watching it, but Yahoo finance has been the same way. I should have sold my last one on the after hours pop that happened. I think they're undervalued here, but with all of the talk they'll probably go lower.
I just think commercial real estate is gonna suck for the long term, plenty of people are realizing they don't need all that office space.
That is my thinking as well and on the malls and retail centers if alot of their tenants go bankrupt.Originally Posted by grandbassslayer
REITs looking good today
Reits still treating me very well this week
Same here. I wanted to go for a long hold in MITT, but I'm not sure about how the earnings will go. Any thoughts?
I think earnings are largely baked into a number of them... but I do personally believe they will go down once released. My general goal is to pull profits before and buy the assumed dip when released.
MITT got me livescope and a power pole a couple weeks ago, don't currently have a position in it but watching.
Yeah I think I'll probably set a trailing stop sometime soon and then watch the earnings.
Any thoughts on MITT? I'm debating on whether I should hold or sell on this pop.
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