$29 - $30 looks like a good entry point. Looks like the many people reacting to the Barrons article getting burnt on this short term. A 10% pop only gets them even. Shame.
Fear in general, or fear of any REIT's related to healthcare? Over the last three months, all of my non-healthcare REIT's are up 18%-20%. HCP is down 1%. Last weeks Barrons had an article wherein a fund manager commented that fund managers are avoiding REIT's associated with healthcare. I thought it strange, but obviously these guy's know more than you & I and it appears the person interviewed is correct.
Have you even entertained SDRL slashing the dividend by 75%, the stock falls to +-$26 in response? You'll be sitting on a fast 30% loss and holding a stock yielding around 2.5%? I've seen it happen too many times. Consider all scenario's irwin. Good Luck
With a now 2% yield and $10 fair value, only 30% downside left. How do you figure this is a buy?
OK, so "actual" revenue increased a strong 12% and "actual" same store sales rose a very respectable 5%, however these impressive growth figures where not as high as some 27 year old kid's (alleged analyst's) guess. OK, yeah, now I got it. LOL