Big 'ol technical bottom and reversal off yesterday's scarey decline. Looks like $10 is where we are going to settle for a while. I don't see us back to $12. I could be wrong, but I think these REITs are going to be yielding 12-13% for a while until the dust settles. I do think the .115/mo. distribution will continue for the foreseeable future. This management is solid and their portfolio is international. I think we're going to be OK...if not unspectacular. Holding my position and collecting my coupon. GLTA.
I will try to catch some if it goes back down,I bought one that had better figures at the time and had a bid on another but didn't get it. This still interest me. Who knows what the future will do. Good luck to all longs!