Marketsurfer says short shake shack

I do. What's not really understood even though it's bandied about in blogs is the cumulative effect that foreign money escaping regimes they're fearful of is having on U. S. coastal real estate in it's search for hard assets in a stable govt. environment. Australia is enforcing laws re: foreign ownership due to Chinese money invasion and has 2 tier housing situation worse than ours, that pushes $$ to us. You have seen this in Miami, also affected by South America and European $$. It has the knock on effect of $$ here going into product to satisfy that mkt. So we see these gargantuan projects. Chinese are buying entire blocks in Detroit.
That will be an interesting cultural experiment in a few yrs. My place in Port Royal, Naples Bay has gone to the moon.
 
Banjo said:
I do. What's not really understood even though it's bandied about in blogs is the cumulative effect that foreign money escaping regimes they're fearful of is having on U. S. coastal real estate in it's search for hard assets in a stable govt. environment. Australia is enforcing laws re: foreign ownership due to Chinese money invasion and has 2 tier housing situation worse than ours, that pushes $$ to us. You have seen this in Miami, also affected by South America and European $$. It has the knock on effect of $$ here going into product to satisfy that mkt. So we see these gargantuan projects. Chinese are buying entire blocks in Detroit.
That will be an interesting cultural experiment in a few yrs. My place in Port Royal, Naples Bay has gone to the moon.
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Very true. We are sponsoring a latin american investment conference in Miami in October-- the realestate market is still on fire thanks to LAMerica. https://www.marketsgroup.org/forums/private-wealth-miami-forum-2015?/overview

I wonder if and when the clampdown will start in the US?
 
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romik said:
Surf, Cramer is on international TV mate, stock goes down big next day after he 'fowl mouths' it. Price Drivers vs Cramer? Hmm, this time I bet on Cramer :)
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The folks that listen to him and follow him are not whats moving this stock down. I think u are giving him too much credit
 
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marketsurfer said:
The folks that listen to him and follow him are not whats moving this stock down.
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I don't trade stocks, but I am going to 'pretendbuy' it here @75.7, SL @ 60, target 100.

shak.png
 
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