I'm not saying this because I'm short. I'm long, with an average share price of 6.65. ARR has just murdered me.
Been in ARR for years and always add when lower prices are available....Dividends can not be beat anywhere and very reliable......Will never leave this one...BOO YA !!!!!
Sentiment: Strong Buy
Remember the share price of a M- REIT is based on interest rates which fluctuate DAILY.....The management team here does a GREAT job balancing their portfolio vs the rate......AAA+ company...
I'm long too. I've been buying in small increments to drive down my dollar cost average too. I was where you are but I'm down to around 5.44 now. Do divi reinvest to help on the average too. GLTA
You should buy some more here, double your position and lower your cost basis to around $5.40. You'll get a nice dividend
Hang in there. I'm long at $7.65 but I am even b/c of the Divi.