06-09-2015, 09:41 AM
I'm getting pretty itchy to pick up more shares of HCP at these prices. The yield is a bit over 6 percent at the moment. I wouldn't make a huge buy, but rather just start accumulating. If the price continues down, keep lowering my average cost bit by bit. Between the general market / interest rate fears and the Manor Care problems, this could be one of those great opportunities to get in at a nice price / yield that does not come around too often for a well-run operation in a great space like HCP.
Of course, it could go sour as well. But good opportunities are often bundled with a whole bunch of uncertainty.
Of course, it could go sour as well. But good opportunities are often bundled with a whole bunch of uncertainty.