Have no idea what you are talking about and perhaps that's the problem....CMS? LTCH?
I assume you meant you have bought back your covered calls that you sold(strike/month?) and now have just a long position in the stock. I agree that the TLT chart is virtually the same as MPW so basically we are going to get hit because of the interest rate rise fears...well not fears as the 10 year has gone up 40 basis points in 2 weeks.
Do a 3 month chart with MPW compare with VNQ and TLT. Shows most of the price action. Selling has also accelerated post CMS proposal to reduce LTCH payments by 4.6%. MPW gets 17% of revenues from LTCH. Doesnt impact revenues or net, but it impacts their rent coverages.
I've fully covered my covered by sold calls and long net from my previous lots.
What if rates don't go up, how does your thesis stand. It's dangerous to predict the bond market, people have been calling for higher rates forever and they have only gone down
im hopeing in may the co. will give a clear direction for deals this year .. do you see any possible big deals again or will they be on a small scale..
The whole group is down. Makes no sense to me.
vtr is buying a private group in acutes for 1.75 billion.. i will be very interested if hcn or hcp will look for same investments...
You make a good point. I looked at a couple of dividend stocks to see what happened to them when interest rates were raised at the end of 1999. SO and O are a couple to look at where you can see the stocks respond positively for the subsequent interest rate rising years.
Thus raising rates does not, in REALITY, assure dividend paying stocks will fall.
sounds good.. maybe the united states will change theirs to be like Germany .. in the mean time will drip for 15 and start to tap in 16...
my guess is continued concentration on Europe, as the reimbursement picture is much more clear over there...but, jmo.
im wondering where they will tap this year and would love to see how aggressive they will be..
doubt they would go for LTC-type properties, unless they were ALFs...although triple-net leasing is pretty good CF...
im wondering if the big boys vtr hcn hcp will scoop up mpw in the future.. then again i wonder if mpw looks for some one too scoop..
just an observation, as others in this health care REIT space - with imo much more risk - doing very well.