I sold this week to take the tax advantage. This by far was my worst investment this year. Glad to be rid of it. I will not be buying it in the future. On big market Up days, the dial hardly moves green and on big down days, its sinks. There are much better alternatives that will return much better yields and share appreciation. GL
well, looks like I didnt miss much. Now, its actually lower than the price I sold at. Seeing HCP beat by 2 cents and is down over 3% is good cause to be concerned. I just may get my wish afterall....buying HCP lower in the coming weeks. No good reason why it should hold here in the high $37s now. Got 2 orders: $36.40 ans $35.20. GL!!
next week, HCP will continue its slide to new lows. It is an absolute POS. It will be down another 20%+ this year. In 2015, it may turn the corner, but the current environment and the mid term future does not bode well for HCP. Wait til rates turn upward. I see this below $25 when that happens. And below $20 when the dividend gets cut 20-30%+ Many people are and will get trapped in this #$%$.