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The Masters started talking up SL Green Realty Corp. (NYSE:SLG) shares at $19 a share back in July.  Today the New York heavy REIT is at $41 a share.  SLG reported Q3 2009 revenues and EBITDA of $249.6 million and $141.7 million with a net loss of $2.5 million.  After the bell shares of SLG held steady at $41.81.

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On July 13th I wrote SL Green Realty Corp.'s 30% Fall Since June, Bank on Sinatra? when SL Green Realty Corp. (NYSE:SLG) shares had fallen close to 30% since June and trading around $19 a share.  Pointing out that REITs had lost their luster, but what makes SL Green so compelling is its assets in New York, and they have some of the most valuable properties in the world a la midtown Manhattan.  Checking back in on SLG today shares are at $28.83 a cool 54% increase in 16 trading days.

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We recommended these stocks in the last 2 and 3 days, its been a smoke show with equities off to the races, these bad boys included.  We still think Dell (NASDAQ:DELL) and SL Green Realty (NYSE:SLG) have more to gain but cool your jets and wait for Dell's shareholders meeting tomorrow.

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SL Green Realty Corp. (NYSE: SLG) shares have fallen close to 30% since the start of June, from the high $26 level to today's price of around $19 a share. REITs have lost their luster, but what makes SL Green so compelling is its assets in New York, and they have some of the most valuable properties in the world a la midtown Manhattan. Start spreading the news, with Q2 earnings due out on July 28th, do you bet on Sinatra's stomping grounds?