BM31 May 2009 13:39
Yes it is on one of my watch-lists. Real estate is in a bad way. Once the big bad bear really bites again, there will be no lack of potential targets. One has just got to be a bit careful right now, - it a bit weird. Not so bad news, is looked on as great news. Then positions like BXTN – flew up because it said it was in talks [it is dropping back now] – but it will drop like a stone, if those fall through. They can have absolutely massively crippling debts, but because we are still in a sucker rally, nobody seems to care. Once reality strikes, then, as I’ve said, masses of great opportunities to make money. ATB