This correction was nasty, and there may be more to come...I nibbled on more WMC, NYCB, VLY, PHG and USLV...also re entered TGD....everyone hates gold and silver...that means its time to re enter! Still lots of cash
if lower prices prevail....Sorry Stagg...I do not like SFL, with the offering price in the $14's...I think it goes under
$15, and then I will add some...
william, not sure you are right about MTGE book value. Thought I read that their book was $25. 60% of that would be $15. Book could likely went lower in June. We will see. Maybe it is due for a bounce back.
Good MOrning to ya Gambler-man and message board
Yup -- one difficult and more correction to come
I am not sure about the price paid for the SFL shares by MS. where did you see the price of $14??thanks in advance
As for the market lets see how we close today--with options expiring we are guaranteed volatility.
I too own VLY, NYCB, KEY, MS RSO I bought SFL along with STAGG $15.84 seemed like a good entry. !!!!!!
As for Glod I heard J Cramer say ==buy only coins miners and such are way to dangerous right now. I sold my miner and GGN last month!! at a loss I might add. So I do not want any else to feel my pain...
I do not offend any one, I hope, as I am just sharing the little that I know
Hi Max....I saw somewhere the price of $14.75...been travelling again, so I don't remember the website
I saw it on...sorry.....maybe STAGG can confirm....this market is very weak....also, I meant PGH....above.
PETDX got killed yesterday...I am sure glad I got out of that one before the big drop....still looking at GAUBX and PETDX undr $4.00 is looking better, as is NLY and HIX...still, too fearful to buy anything in that space except Stagg's WMC...at least I get 20% while I watch the stock price fo down!!