My thinking is that either one of two things are happening and will be happening for a while is that now that shares have gone public some people are selling their shares, This in my opinion is STUPID thinking since the stock pays a 4.0% dividend which is good in this day and time especially since AM Reit has made such a great turnaround since their new strategy.
The second reason is that the Wall Street manipulators are SHORT SELLING the stock since they know some people will redeem driving the price down.
Personnally, I am holding my shares as Wall Street will buy the shares once the price goes down so those selling will be crusified and sick for selling now.
Just my thoughts for what they are worth. Folks should also keep in mind that May through about the middle of October are not typically good months for the markets.
I think that is part of it. But all REITs have been pretty high due to demand from people looking for fixed income substitutes. Now that the 10-year is paying 2.2%, the 4% from AMRE looks less attractive.