Diversified Healthcare Trust: A Look At The 9% Yielding Baby Bonds

pxhidalgo/iStock via Getty Images On our previous coverage of Diversified Healthcare Trust (NASDAQ:DHC), we rejected the idea that the stock was worth anywhere close to $$9.00. This was contrary to speculation by Flat Footed LLC, which had established a large position based on that belief. This default flies in the face of the $$9.00 NAV as suggested by Flat Footed LLC. Some investors may reject this NAV drop, but this is about what we have seen for many REITs. Source: Seeking Alpha. We suggested that bul ...