Seems rather odd given the pattern. would think it would be closer to 30% #$%$?
price to book discount is too large to short. 7 percent mortgage rates mean nav falls to current stock price. also stock pays huge dividend from income earned.
that also excludes any rebalancing by management to protect book.
MEANS A BOTTOM.
It means a lot of shorts covered, many towards the end of Friday's session, and are going to be going back in tomorrow. Longs are weak. This isn't a time, with all the talk of tapering in the 1st quarter, to be long this or, just about any, MREIT.
well, could be but not my interpretation. means shorts are just not interested as there are more volatile, higher visibility stocks to flip
This could mean that the REIT bulls are throwing the towels.
You Hope, I am still adding . Smart investors are getting a great Divy, I will take it. A No Brainer. Too Bad Shorty.
Sentiment: Strong Buy