DWS RREEF Real Estate Fund, Inc. (AMEX:SRQ)
A closed-end company
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This stock is down almost 48 percent of its 52 week high and I think it will continue back to near 25.00 over the next few months. I think this stock fell way too quickly on the reaction to the subprime news and that is why it is selling at a bargin right now. SRQ also experienced some very negative news on un-auctioned preferred stock. This is not a deal for everyone to jump in on though.
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1 word - Dividend, the real estate risk is not that high as it's all commercial properties not residential.
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Real Estate Fund. Recent cash bonanza translating into assets.
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