The bear has come out of the woods!
You might recall little old Betaville noted last week that the more ferocious bears were circling Arbor Realty Trust, the US-listed real estate investment trust that specialises in providing bridge financing for commercial property purchases...
Little old Betaville has done some digging around and it sounds like the bearishness around Arbor Realty Trust might be coming from some of the more ferocious bears.
However, the talk in the market is that perhaps these bears don't want to come out of the woods quite yet, so it might be a few weeks before they start mauling the US-listed real estate lender.
Watching.....
Short sellers have been targeting Arbor Realty Trust for a while.
But now little old Betaville hears that there are some new bears circling the US-listed real estate investment trust that specialises in providing bridge financing for commercial property purchases.
And word is some of the bearish types eyeing Arbor may be of the more activist ilk.
Quite, though, what the angle is here for these bears remains to be seen.....