Morgan Stanley can pump out some crack pot report on supply swamping demand, but those in the industry are saying the amount of new supply that Morgan Stanley is predicting to arrive in 2-4 years is wildly optimistic. In the end it always comes down to supply and demand, I believe from all the reading I have been doing that demand will easily absorb the increase in supply in the next 2-4 years and MS supply numbers are too high and have almost zero chance of being correct.
ORE
Price at posting:
$6.59 Sentiment: Buy Disclosure: Held
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