I had to look up this ticker after some poser posted in one of my often visited trading chatrooms that he had posted this stock in April to the room (ahem bull$t). This makes TSLA look like a value play!
It's an enigma. I own a lot of RESI and a small amount of AAMC. I like the RESI story, it's buying foreclosures and if the RE market recovers it stands to make a bundle on the increase value of the homes. Renting out the homes is a very small part of the growth here.
I can't figure out AAMC. It lost $1.09 per share and its selling at $850+. I've been watching it since it was $250 and I thought it was too high then. What do I know.
Read this from the news articles:
The SEC and DOJ should be looking at all of this. Smells like more insiders raking in billions cleaning up the mess some of their friends made.