Originally Posted by JaxRed
Mentioning REITS.... one of my favorite's right now is OHI - Omega Healthcare Investors Inc. Going Ex-Dividend in the next couple days. Paying 7.9% right now. Been increasing dividends yearly since 2003
Researched, then purchased this a few days after you posted it. Sold today for ~14.5% gain (~77.5% annualized). ($20.94/$23.97)
I use a few charts to assist me on the timing of buy/sells (not what to buy/sell, just the timing) and I believe they are due for a 10%+ pullback and will be hoping to see them around 22.00 to evaluate for re-entry. I suspect this means I will miss the next dividend payment in August which is not really what I want. Time will tell.
/thanks for the idea