http://online.wsj.co...d=djemalertNEWS
GGP filed an 11...last night
Started by
teknobucks
, Apr 16 2009 02:28 AM
3 replies to this topic
#1
Posted 16 April 2009 - 02:28 AM
#2
Posted 16 April 2009 - 09:33 AM
Probably a good chance to get long REITs for a ST trade the news is no surprise to anyone.... Just take a look at GGP chart.
My read is the REIT shorts are starting to feel heat and a lot of decimated REIT charts have nice big trading ranges.
#3
Posted 16 April 2009 - 11:57 AM
If you were fast this morning there were some April near in the money options trading for no time or implied volatility on the REITs.
I expect to get some 5 baggers here.
#4
Posted 16 April 2009 - 12:29 PM
If you were fast this morning there were some April near in the money options trading for no time or implied volatility on the REITs.
I expect to get some 5 baggers here.
very nice trade
no commercial real estate longs for me.