The stock is dropping like a rock in an up market. I'm a prospective buyer.. should I buy now or wait
I'd go for the underlying preferreds...They pay a steady dividend (not cut or changed)...no dilution issues...Right now, the NRF-C&D look very good...probably paying around 8.7% & 8.5% respectively
Read Gary Gordon "The treat to mortgage reits" on Seeking Alpha.
Compare NRF chart to REM or MORT.
Is NRF a mortgage REIT???????
NRF may be dropping because mortgage reits have been dropping in price in 4 of the pasts 5 weeks.
Not sure why something that was up 2%+ this morning is 1% down in the afternoon...but if you ask me, NRF under 9.20 is a buy at this time...
thanks guys. I read the positive and negative articles on SA and I like the positive one better. I will buy
I agree with mail_marconi. No good reason. Buy now before it goes back up for an equally no good reason.
Sentiment: Strong Buy