Aug. 18 at 3:06 PM
$IVR I wouldn’t be in this right now. Makes no sense to me with yields rising. BV was around
$7.75 at the beginning of the month ; around
$7 BV I’d expect a dividend cut, and they’re already bleeding BV trying to support it. Eventually, with a steeper yield curve, I like mREITs but I don’t want to bleed with them getting there.
52wk low is in jeopardy here.
May 31:
$8.25 → June 30:
$8.03 → July 31:
$7.75 →
$7 danger zone (20% yeild BV has to support)
