Even though I said I'd shut up, I can't resist a comment. Flipper, Reitmaster and some others, very sage advice and info. Doomsayers will continue to hang around here, and I expect some will continue to short with a single digit target. Good luck to them!?! I still believe it is futile to argue numbers with people who haven't the understanding of this company's structure.
This is a typical "one-time" event that presents IMO a one-time buying opportunity. Nothing has changed about dividends or FFO projections. Restructuring the money flow is an embarrassment but not a fundamental change in the company. This will be a "snapback" drop, IMO.
Long-term conditions that will ultimately underpin this stock are 1)market dominance; 2) an industry where demand outstrips supply; 3) a very clever tax structure re income; 4) proven growth and profitability.
Those who have just arrived and bought at the bottom have gotten a steal, as have those of us who increased our positions. Take a look at other debacles this spring: CHRZ as low as 10, now near 15 and basing for further upside movement; TECD as low as 15, now near 30; and the most recent crash victim NETA as low as 13 (?) and now beginning to snap back (up 20% today) at 16.
Anyone who rode them down is either asleep or aware that the value of the company will out (and unwilling to trade the issue in the meantime). Anyone who bought in low or averaged down will be rewarded mightily when the storm blows over. My weak and unreliable prediction - recovery to 15, a period of basing on weak volume followed by appreciation to the 19-21 range (all this within say 90-120 days?). I'm thrilled to be locking in a 17% return (barring future dividend increases) on a long-term hold.