MAYBE IN 4 QUARTERS I WILL BREAK EVEN
Seller seems to have taken his foot off the gas.
Then again, maybe not - bond prices starting to go up into the close.
...6 for me, probably 7 or 8 by the time the divvy gets cut a couple of times over the next year.
I bet the other mreits start tanking this afternoon. The early dividend releases will start Monday and somebody knows something becasue we are down on pretty good volume.
Something is very wrong today with WMC -- ALL other mREITs up on subsiding fears of taper, but WMC dropping like a stone. The big shots know something....
No, this started yesterday afternoon when it tanked from $15.77 down to $15.44 at the close. There is something in the woodpile but not a peep from the brilliant WMC IR folks.
Sentiment: Strong Sell