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Cohen & Steers Quality Income R Message Board

duckislandcove 3 posts  |  Last Activity: Mar 8, 2015 11:42 AM Member since: May 20, 2005
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  • Reply to

    Stock Plunging Today Why!!

    by markgongol Mar 6, 2015 11:06 AM
    duckislandcove duckislandcove Mar 8, 2015 11:42 AM Flag

    I picked up more at $25.90 which is at their 200 day moving average....I hope there is a bounce from here....all the reits got hit...even those paying out 5% to 5-1/2% like HCP and WPC.....and others paying out in the 3% range like VTR and HCN were targeted the same....I think the hedge funds or other funds just automatically took a broad sweep and took their profits hoping to get back in at a lower price later....I would also look at the closed end funds that hold reits like RQI for a bigger bounce when they stabilize....

  • Reply to

    Stock Plunging Today Why!!

    by markgongol Mar 6, 2015 11:06 AM
    duckislandcove duckislandcove Mar 6, 2015 11:56 AM Flag

    Fear of interest rates going up shortly and people taking profits since it has had a nice run after the reverse split....others feel that the price is high considering the return in dividend and are looking for a higher yield elsewhere....I sold a portion myself when in ran up towards 30 and looking to get back in again since I think this is a well run reit......This pull back is not unusual....just shakilng out weak hands....very good long term hold...JMHO

  • duckislandcove by duckislandcove Feb 26, 2015 11:16 AM Flag

    Raymond James posted an "outperform" rating on TOO on February 23 indicating stable cash flow, multiple growth projects to continue distribution growth, a supportive parent, and 12-18 month target rate of $24.....they also project a distribution growth to $2.26 for 2015....Personally I felt that oil would bottom around the $47 level and we overshot that to $43....I believe we are bottoming now....any thoughts out there?....

RQI
12.25+0.09(+0.74%)Mar 27 4:00 PMEDT