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re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum
Posted on 3/2/09 at 9:24 pm to kfizzle85
Posted on 3/2/09 at 9:24 pm to kfizzle85
quote:
The ones I am really thinking hard about are: There are two that I think have a lot of potential, BXP as one,
looked quickly at BXP, they look like a great candidate to short....in Aug of 08. Seriously they don't have a great cash flow situation, especially if they lose occupancy. Of course, their debt is sitting at 2/3 of their property assets. Do you think firesales will bring in 2/3? I think that could be a maybe.
Who knows.
Couldn't find SLY as a reit. A penny stock popped up, but I doubt you want to short a penny stock. Now I tried SKY too, and that looks like a short opportunity. They make recreational vehicles. I shall give you 2% finders fee on all earnings in shorting SKY.
Posted on 3/2/09 at 9:37 pm to MileHigh
BXP is more of a reach I think, because they have a lot more diversification. They don't have to go bankrupt to have their stock price plummet though, and at $40 (sorry that's what it was when I started tracking last week, its now at $33) there is plenty of room for downside. The other one was SLG (Sl Green Rlty Corp), not SLY, and NLY (Annaly), I mixed them up.
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