VPG 0.00% $1.79 vodafone group plc.

small bots and big xts, page-5

  1. 1,130 Posts.

    the fol extract from a market wrap of last night's wall st actions can perhaps be extrapolated to our market situation; vpg n other reits r in for some more fun yet.

    QUOTE
    REITs pushed higher with names like Simon Property Group ( SPG ) , Equity Residential ( EQR ) , and Vornado Realty Trust ( VNO ) nicely in the green.
    [NOTE PARTICULARLY THE FOL PARA]

    This is a sector that we have been underweighted in to a bit of fault. We certainly did not expect the companies to shooting higher as if they have become momentum names themselves. Our sense is that part of the move could certainly be related to short-sellers overstaying their welcome last year and perhaps getting caught fighting the tape. Either way, we will look to increase our exposure over time as the opportunities present themselves. UNQUOTE



 
watchlist Created with Sketch. Add VPG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.