The dividend cut was priced in known a few months ago. Book value too low great buy here .
I was reading from an analyst the book value for cys is 13.30 which is about at 12 dollars way below BV of other Reits . This Reits CYS is definitely positioned to go up in value as well as the dividend which will slowly go back up .... In conclusion this would be a great buy a screaming buy at this price. With appreciation both in dividend and price. I figure with 11% div and price appreciation of 10% we can be looking at a 21% return for 2013 nit bad at all.