re: Ann: Ceasing to be a substantial holder-c...
In the REIT sector we have seen the same fund managers ceasing to be substantial holders. Then, they become substantial holders. Then, they are not substantial holders, and so it goes on now for the last few months.
What has happened is that in the REIT sector the fund managers have changed from being long term investors to (do I dare say it) short term TRADERS.
If we accept this change on the part of the fund managers, all we need to do to make money is to buy REITs when they go up on good volumes and sell them quickly when they go down on good volumes.
Hope I am right as it will mean food for the table.
MOF Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
