RE:DUMPED SOME AT $11.49The number of times I've sold something to button up some gains, then watched it sail on upwards incessantly is signficant.
As a result of such repeated experience I "try" to decide what something is worth, then why and when it could reach such value, and make it a point not to sell until said is achieved or the situation changes.
I suppose in your case the situation is somewhat different whereby you seek to trim back exposure to repay some margin and return to equilibrium.
I plan to hold HR for quite some time. The somewhat strong and disproportionate occasional gains we see relative to peers is likely the steady repricing of the REIT on a gradual trajectory to be considered a residential REIT at a higher AFFO multiple. This is likely to be lumpy and ongoing.