I have read the earnings release and the numbers are good and better then last quarter.
We are in a financial crisis and during this, GKK have remained profitable quarter after quarter. Cant say that about our peers trading in the same range.
What I really like is that they are able to pair up the loan losses by buying CDO debt at a 50% discount. They also maneged to lease out some more rental space.
Sure thinks have been much better in the past but, again, back then the stock price was $20. Now its $0.70, what a bargain... Buy know and hold for a couple of years, and you will be doing a great investment.