I think we will know Monday morning. The company I use for comparison as a like kind of stock is RAS which will be coming out with its earnings Monday morning. The reason I consider it a like kind if stock, they like AHR is buying back their shares, they both pay a comparable dividend, both don't rely of residential customers. Since Aug. Ahr has been trading at about .50 a share more. At a point last week Ras was trading at $1.00 more. Friday I bought both for the exact same price but sold Ras at the end of the day. I sold Ras before earnings to take the sure thing, and kept Ahr because if Ras is in line with estimates it should go up along with AHR. If Ras is below estimates it could get hit hard and will give me a chance to unload AHR.
All IMO.
I do think both have bottomed, many experts believe the shorter's left residential mortgage stocks and moved into commercial stocks and could be very surprised in the coming months as they are many problems.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
