I hope those dividends and preferred shares are working for them. The IYR, along with most of it's members, have taken out multi-year lows. These continued to show weakness yesterday even while the rest of the market was running. Target on SPG is $21 (See: S.horts P.retty G.ood). I imagine $25 will find some support though and these all have come down very far and fast so a whipsaw could happen at any time.
Related Posts:
[edit add labels]
