07-07-2015, 11:01 PM
ARCP is still correlated with REITs, so selling it high and buying WPC low might not be so easy. If REITs fall while you wait, you win, if REITs rally you lose. But more likely than not, ARCP starts to outperform relative to peers when they announce their new dividend policy in August. Selling before then doesn't seem like great timing.
I held my shares and even added a little after the crash, and if it weren't for Roth IRA contribution limits I'd buy more. It's easy to hate, but it's a textbook special situation/turnaround stock IMHO. Like Kerim said, the revenue is still there. It's not like SDRL where the underlying business crashed.
I held my shares and even added a little after the crash, and if it weren't for Roth IRA contribution limits I'd buy more. It's easy to hate, but it's a textbook special situation/turnaround stock IMHO. Like Kerim said, the revenue is still there. It's not like SDRL where the underlying business crashed.