Apollo Commercial Real Estate Finance, Inc. Message Board

  • videonation2001 videonation2001 Oct 13, 2009 2:13 PM Flag

    It's showtime at the Apollo!

    Sorry, just wanted to say that.

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    • Showtime for management to line their pockets that is!!!

      With this amount of equity assets, the G&A expense should be about 1/2 of what it is and the same for the management fee for this amount of assets. They designed this company to be a Las Vegas with them as the casino owners, except they CAN't loose!

      Seems this company was started by those with the same "Wall Street" mentality as those executives in the big banks.

      They will get huge salaries and fees while having to leverage this baby way up with much added risk to let the suckers, uh shareholders believe management is doing a good job as many BK mortgage REITs from a few years ago can attest.

      In the meantime, they can lure new shareholders seeking high yields for their retirement but when thinks blow up, the shareholders will be left holding the bag, once again.

      There are way too many other better mortgage REITs with less GREEDY managers running them for me to give this stock any serious consideration to buy.

      But what do I know, I've only been investing in stocks for a living for 9 years now... and I'm not talking about day trading or even short-term trading but rather INVESTING in good companies with good managers.


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