Sinking below 1...and too often that triggers a flood of sellers. RAS as an example broke 1 this week and ended up at .5 yesterday. Nothing to do with the quality of the company...just the numbers game. Pray we climb out of double digits soon.
It seems like the whole sector is caught in a down draft. It is like the banks anymore. No one believes any of them. There are solid healthcare reits out there with solid balance sheets that are going down hard with the crap that can't pay the bills.
It seems like no one believes any of them can service their debt. The reit indexes are all on a sharp slope down since mid feb. Not sure what is going to stop it.