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crocus
Sheryl



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Msg  22046 of 22827  at  3/16/2012 3:18:23 PM  by

Goldberry


 In response to msg 22044 by  Sheryl
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Re: AX.un - Sheryl

 I think you will do fine with Artis and will have an opportunity to sell  higher before rates rise which is the main concern for Reits going forward.
 
Added some this morning to my overweight position  I hope for a short term trade, couldn't resist when I saw it at $16.06 this a.m. Put in an order but had to keep chasing it up until I got a fill at $16.10 almost sold it at noon for  a small profit but will ride it longer.
 
Reits are having a down day but after the huge run they have had that is to be expected. I still would have no concern riding them through the next downturn. The only large REIT that I ever saw reduce its distribution was H&R and that was because they took to big a position unhedged on one project.


 
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