BB another interesting though more risky REIT is GJT. Its got a monster pronlem with its yen hedge book. Basically as long as the Aussie buys at least 60 yen they are OK, below that the unrealised M to M loss upsets there bankers and theyll need to do "capital managament initiatives". Last night the Japs start jawboning the yen to weaken so Im punting she'll be fine and GJT will survive and prosper
TCQ Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held