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FINERMAN Doubling Her Commercial Real Estate SHORT Position

Started by mellanty
over 16 years ago
Posts: 3
Member since: Jul 2009
Discussion about
On CNBC's Fsat Money, this renowned trader, who shorted the IYR at double the current price, now has doubled down on her position because of absolute belief in the absolute crash of commercial real estate. What do you bulls have to say NOW?
Response by Otto
over 16 years ago
Posts: 128
Member since: Dec 2008

Pass the popcorn, please.

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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9887
Member since: Mar 2009

http://www.cnbc.com/id/31896808

"Your First Move For Tuesday July 14th

PROP DESK: Commercial Real Estate

Karen Finerman has been saying for weeks that commercial real estate looks like the next shoe to fall. So why is she taking her bearish bets off the table?

A lot of these companies were able to raise equity in the second quarter as the market moved higher. The near term risk of them falling off a cliff is no longer there. Considering the risk reward has changed I just can’t justify being short.

FAST MONEY // Latest Rapid Recap
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