Yield and book value don't matter. if you are an mreit you are a dog
Says market. If you are long any kind of bond or interest rate sensitive product you are a dog even when rates go lower you're still a dog on the market.. WOOF WOOF. Get used to it. Unless we get some clarity out of the fed Wednesday.. TWO is headed for single digits. Great management? no one cares. $11 book value? No one cares. 0.31 of income? Yep, no one cares. Should you care? Maybe.. buy if you go long you probably want to own OOM puts too that go out far in the calender (at least 6 months).