The market really is a disgrace when the REITs get heavily sold down leading up to reporting then on substantial right downs etc (expected mind you) then stay firm or bounce slightly on release of the facts. Are we suppose to believe that the major insto's all "guessed" what the results would be and thus managed to sell down to the "new fair value clearing price" 50% lower in anticipation? More likely the whole thing is leaked to a favoured few as part of managements usual "massaging of analysts expectations" so that there are no nasty suprises...lol
whateva
The market really is a disgrace when the REITs get heavily sold...
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