I think, the market is expecting things to be STABLE starting coming earnings season. So that bit of good news is already BAKED into the price. What if the good news does NOT happen. The way interest rates are being whip-sawed, it is difficult for any MREIT CEO. One thing is clear, whatever happens - further interest rate rise or a fall - will happen VERY QUICKLY. This environment is just causing MREITS to WASTE their resources on HEDGING. BAD BAD environment the FED has created for MREITS.