Chartwell Retirement Residences T.CSH.UN

RE:Market Cap

[Billybabin61]

I have held this company for over a decade and have always been a believer but they have trimmed their div a few times and obviously the share took a hit. As you know their payout ratio is through the roof. Todays action was hopefully a month end clean up of a position by a fund. It's at an important support level. Down almost 5% in one day on no news is concerning, let's face it. I am not throwing more $$ in until the earnings and guidance come out. Appears as though the market is pricing in a bad quarter but who knows.