You must be standing upside down. Your right -we will bounce right to 18ish.
convert priced. Only 250myn with conversion at 27. Now we bounce.
LOL! 43 cents earnings, 58 cent dividend! LOL!http://www.sec.gov/Archives/edgar/data/1241199/000095013307003024/w37392e424b5.htm
A lot of people are confused about this. The dividend does not come from earnings. Do some web searching.
That is the story of most REITs. See cash flow.
Looks like good diversity, someone must have thought they said Countrywide, CSE IS NO COUNTRYWIDE! AND DIVVY IS GOOD THE SAME AS DEERFIELD WAS.
AND you can add NRF today as well----
Thye are leverage din highy complex securities-based on mortgages-they will fall farther-CSE -I compare it to an option in CFC. They will survive but will need to get into the HC more.