03-13-2020, 12:41 PM
(03-13-2020, 12:28 PM)MikeWa Wrote:(03-13-2020, 12:12 PM)divmenow Wrote: OHI is like a sinking ship, market is up big and it’s down almost $2. I wonder if they can continue to pay that high divined? Nursing homes are getting hit hard. No position yet. Just watching and thinking lol
Most REITs are sinking, but especially healthcare or senior-house related. Below just few on my watch list.
The market is worried the REITs tenants will sue if the elderly get the coronavirus. Somebody tell me how that isn't a risk every flu season when it kills many thousands annually. I liked WELL when I was selling $90 covered calls against it a couple weeks ago. I should love it now below $50. I definitely added shares and may add more on the next red market day. The fear trade is starting to get easier. Just watch for an end to the freefall.