dont worry be happy, page-22

Just as the reevaluation of assets can reduce the NTA the reverse would occur assuming the economy turns around and property values increase. With the amount of leverage GMG have, could one assume that the stock should rocket at the first sign of recovery and property price increases. From what I have read, REITS in the USA have already started to move upward and very quickly. All the worst case scenario's are already factord into the stock and people are now starting to look forward at the opportunities that lay a year or so out.
As far as I understood, if they use cash flow accounting and not mark to market, they are not in bad shape, is that correct?
I'm in this already and plan to buy more next week and even more if they go out for cap rasing.
In my opinion, buy them when everyone hates it is when you get the bargains.