Dont know how you guys feel but 300k in earnings seem kinda "skimpy." We've done alot of hiring...increased originations...Paid down alot of debt....Maybe the money from our loan growth wont kick in until next year?
another note....there is no reason given the environment for institutions to buy this stock. esp when i can buy another mortgage company for fairly cheap and get a very attractive yield....bring the dividend back....we will see more investors thus an increase in pps. But the CEO has already stated that the company isnt able to pay any divis...but i will give them credit in not excepting any bonuses.