You Hope, I am still adding . Smart investors are getting a great Divy, I will take it. A No Brainer. Too Bad Shorty.
Sentiment: Strong Buy
price to book discount is too large to short. 7 percent mortgage rates mean nav falls to current stock price. also stock pays huge dividend from income earned.
It means a lot of shorts covered, many towards the end of Friday's session, and are going to be going back in tomorrow. Longs are weak. This isn't a time, with all the talk of tapering in the 1st quarter, to be long this or, just about any, MREIT.
Do you factor in the yield? Also currently there has been a lot of insider buying, housing pricing are rising faster than I expected. I think the price is near its low and the yield is 15.7%. Stock should be held for long term. Financially in good shape.
well, could be but not my interpretation. means shorts are just not interested as there are more volatile, higher visibility stocks to flip
Goldman Sachs "now" suggests MGIC (MTG) and Radian (RDN) after some HUGE % rallies and Mreits at MULTI year lows.. I would have preferred this suggestion in the beginning of the year rather than after the fact.. Do they think these monster moves continues on the both sides? From my experience with these Johnny come lately ratings is now an opportunity to be a contrarian and go against the grain.. I won't short Mortgage insurers; however, I will add to my Mreits as the ones I own has decent/experienced management teams to start hedging themselves back to profitability.. They may have been caught scrambling due to the ramblings of the Fed and Media but they will regroup. These are currently under NAV and at Mulit year lows so that's an extra cushion in my decision to accumulate including the decent size insider purchases of some of my Merits.. I truly believe these company's won't completely fall apart to the extremes that many suggest.. I'm looking forward to what will transpire in the next 6 months to a year.. Good Luck..
Racism is alive and thriving in the Democratic scheme of things. People like Sharpton and Jackson (plus Obama, for that matter) are HUGE beneficiaries of the Race Industry, playing on people's fears and capitalizing on every situation they can to promote their racist and race-baiting agenda.
I'm going to hold here and resist selling, but it's going to be a tough slog from here
on, I just hope Gary can navigate through this somehow. At least he has some background.
Yes I did also and made over 100 Billon and bought a couple of nice bridges that I have turned into Toll and made millons more, I also bought a railroad which is now over a trillon dollars so sign up to waltersalerts they will make you very rich, Nice post Carl.
Working more hours is not always productive, working smart, intelligently and with proper education is. Stop listening to Right wing talk show hosts and their rants. They laugh their way to the bank wondering which fools believe what they say.
"market keeps getting higher'
That won't last forever I'm slowly scaling out and putting some money in these beaten down sectors.. we both know how things could change on dime.. Did the economy dramatically change for the better these past 2 years? US debt "improving" dramatically? Europe miraculously completely out of the woods? Global money printing completely stopped?