Business model is not broken. Barry's ridiculous QE traunches have sucked but they can't keep pumping cheap money into the system forever....we're already broke. Interest rates will rise and spreads will return....in the meantime, the divy is still good and I doubt that it will be cut further.
I have about 1,000 shrs - and debating selling before year end.
I'm down about 10% - but the div kinda makes up for it... for now.
And yet, with the low interest rates for the next couple of years,
their biz model is not broken - just having more challenges to retain double digit divs.
SO - coin toss - sell now for the loss... and then see what happens in 2013 ?