Recent

% | $
Quotes you view appear here for quick access.

NorthStar Realty Finance Corp. Message Board

  • barbkel1 barbkel1 May 30, 2013 2:23 PM Flag

    Why are you Selling?

    What are your reasons for selling?
    Thanks

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I've been buying. Added 1,500 shares today. IMO the selling is by large institutions reallocating their portfolios. The market is transitioning into a second phase of bull market where high dividend stocks are seen as having a bit less potential than they have for the past 4 years. Perhaps there's an "it's been a nice ride, now let's take the profits" mentality. I sold most of my REITS a few weeks ago but am now rebuilding the positions as I think the selling is over done. I have also added some FAS, triple-levered banking. Levered ETF's are volatile, but I use FAS to hedge the decline in NRF and other REITs. I've been up modestly on days that the REITS are selling off.

 
NRF
13.15+0.56(+4.45%)May 25 4:02 PMEDT