Sir: You can rest assured that Bob, Gogo, myself, and others on this board are NOT employees of any company - feel free to look up our respective posts - (we've been around for quite awhile and I thnk our ages would prohibit us from active employment. - :) )... Happy trading/investing...
NCT/NRZ combo down 9.9% from NCT's pre spin off high of $12.38. Take out the .24 divvy and we're down 8.72%. Not too bad considering what's happening in the REIT market. Heck, I just may get to add some more shares at my $3.25 basis.
Bob: You numbers are spot on, but don't get ahead of the markets - patience... I'm just itching to pull the trigger too, but not just yet... I know you hate my technicals, but you have to admit they can be useful at times :) aside: Did you get my e-mail forwarded from turbo?
I was surprised to see it move below $5 and stay there. It has a stronger dividend than that price, but I suppose that, until the company shows another quarterly report and another dividend, some fraction of the market will bet on a dividend reduction. NCT is in a post spin-off twilight zone where a good fraction of the market things that NRZ got the more valuable assets. I'm interpreting this as a good time to buy and, like you, layering in as by opportunities are created at lower prices.