Housing inventories need to recover to halfway from thier high! Unemployment will need to hold after July. The good news is the worst should be about over and $2 URE is not going to happen and a stock expansion will start very soon. We may get a few pop's here and thier. We should see a URE $5 test in the next weeks. We are due this week or the following for a dividen and we will get earning that should be positive, just a reminder we had earnings last quarter and should this quarter too! I'm hoping for at least $.10 this time (under estimate!). After we hit $5 in July we should slowly increase value from that point and start seeing better, and better economic data. I would watch for $8 to $10 toward the end of the year maybe, it could take so time?
Not a recommendation and I own URE! I am a short term trader.