PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Why cant this go up

[SNAKEYBOY]

I dont know if a stock hits its support level or trading range bottom it should get a bounce. what gives?

[Amadeus2011]

This is not a stock to buy if you're looking for huge price gains. This is a stable, reliable high dividend stock. You buy it because you want long term income not immediate gains. Now having said all this, you are correct that it has been fairly range-bound at the low end of it's past three year average. However, This shoudln't be of concern to most divi investors because the quality

[Martincat]

Well said Amadeus!.....I am doing the same...buying on dips, and using the DRIP program!

[rabnud]

U seem to speak highly of this reit ;; any chance tomorrow they will lower the dist rate at all or pretty stable company?

[Amadeus2011]

I think it's a solid company with a good track record. Take a look at their history. Aside from the initial COVID hole, the stock price has been pretty consistent. And again if you look at the tenants they have in their properties, you're seeing big, well established companies in prime locations - In otherwords, a pretty low risk business model. Is there a risk they could reduce the divi