REITs on a buying spree buying back shares

Do not follow them into the breach. A lot of companies in this space or undervalued right now. A lot of them will be even more undervalued in the near future. The same goes for insider buys at troubled firms like Yahoo(YHOO). Yahoo is still a good company with a dominant, entrenched brand. However it is also a mess right now and has large problems. Susan Decker's $1 million ante, while encouraging, shouldn't be seen as a sign of a turn. Keep your powder dry for the moment.