With the price cut to $6.40, now selling at .91 cents BELOW Book Value. Every REIT we own sells at above Book Value. Even so, ARR has more cash per share than most, solid cash flow and earnings above dividend. At .07 month, you are still looking at a 12% plus payout. Buying this firm would be acreative to earnings for nearly any REIT. How many other mortgaged-backed REITs do you own that are selling below book value? Cheap. Cheap. Cheap. Looks to us like the suckers are getting bashed out of this one, but those who stay may get an extra bonus in the months ahead.
I want to know why I got two thumbs down for giving a correct opinion. S&P another new high. But we are in ARR. THIS STOCK IS FOR RETIRED PEOPLE WHO NEED MONTHLY INCOME. IT IS A REALLY REALLY BAD STOCK.