- REIT Sector upgraded to Postive from Neutral at Barclays
- COVERAGE REITERATED: Simon Properties (SPG) reiterated by Barclays Capital. Reiterated rating Overweight.
The first thought that came to my mind was a quote from Full Metal Jacket:
Gunnery Sergeant Hartman: Who said that? Who the f**k said that? Who's the slimy little communist sh*t, twinkle-toed c**ksucker down here who just signed his own death warrant? Nobody, huh? The fairy f**king godmother said it. Out-f**king-standing! I will PT you all until you f**king die! I'll PT you until your a**holes are sucking buttermilk!BCS (Barclays) Last: $4.16 -$3.09 (-42.62%)
Are they chosing REITS because they think Commercial Real Estate will be the first to bounce if by some miracle housing bottomed? Negative Ghostrider. Good luck with those dividends. IYR not even oversold yet in the near-term, but getting closer. On the dailies you got some more to go to the downside.
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