It's looking now like NCT's business plan for NRZ wasnt too smart or the current management team for NRZ cant execute on it___ Either way investors are losing... And Puleeze, dont tell me they haven't had time to get this train wreck back on the track and all we need is some more patience...
Much better now___ Looks like they finally managed to get the ship turned around and heading in the right direction...
I'm sure this management team understood how unhappy large investors were with them and started putting in the extra effort to take corrective action...
NRZ hit a high of $7.29 on 05-08-13, today its at $5.98 (12-03-13).
That equates to -17.96%. Now that's a disappointment to say the least.
There are a lot better avenues out there.
I will wait it out and only hope for the best.
I would think that some,(or a lot) of investors might not understand the difference between an agency and a non-angency REIT. They will sell when it looks like QE might be ending out of ignorance.
Please explain your logic. You look at the price of the stock and then you deduce that it means xy and z! I have never looked at the price of a stock to determine if the company is executing on its business plan.