Picked up some RSO a diversified REIT, on the buying op crash.
Divvy history nice, just did a offering, had OK Q4 and the bottom fell out! The March divvy was reduces. 1st time since April 2012, so price should stay low for a while. Climbing out of the hole now. Already made some gain if was to sell. But expect to hold unless divvy cut again, next Q. Doubt that, no bad company news and their raising cash again.
MY basis is 17%+/-, 40% institutional is OK and less then 3% shorts. Price wise looks like $5.00 has been true value the past 2 years. So any entry now should show divvy + gain in the future.
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