It ran up a nice +30% in 2011 (incl dist) so "going down" down is relative. If I didn't own it now, I'd be looking elsewhere, so call it a hold in my book. Near $40 is overbought. Happy to take distributions and sell calls as it is almost a long term holding for me.
I agreee with your assessment 100%. My average buy price since I bought in (2008) equals $21.66. I just bought more at $37.50. I believe that eventually it will go up again. I'm in for the long haul and happy with the quartery distributions.