Stripnomics

Alexandria Real Estate Equities is one of my absolute favorite short trades. It has been one of my most profitable trades and it’s only getting better. The company’s fundamentals are horrible. Read a bit about them HERE. The technicals are abslutely GORGEOUS from the short perspective! Take a look at the chart:

CLICK TO ENLARGE

Cooley-O huh? The trade fits like a glove. It is in the express lane to ZERO. If you recently acquired a large position you might want to unload some before you’re broke. It’s not a matter of IF but WHEN it makes new lows. The chart does not lie. Others might lie but not the chart. The fundamentals don’t even matter when nobody wants to buy your stock.

I do own ONE SHARE of stock. I’m losing big time on it. I bought it to have standing in any future shareholder derivative suit. Also, I relied on someone that told me:

“ARE has been the #2 total return performer of all equity reits (probably about 200 companies)…this is an amazing accomplishment over such a prolonged period of time…”

“…the only office/industrial company to post positive same store growth every single quarter for 45 continuous quarters and are also the only such company never to have a negative roll down in lease rolls for the last 10 years, i.e. positive mark to market for 10 years straight…”

“…3Q08 performance—truly excellent in every financial and operating metric in a tough real estate market…”

After the 10K comes out, the pedal will hit the metal and this sucker will drop like a rock. Get out or get in while you can!

This entry was posted on Tuesday, February 24th, 2009 at 6:42 pm and is filed under Alexandria Real Estate Equities (ARE), Real Estate, Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.