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Novation Companies, Inc. Message Board

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  • channelcat57 channelcat57 Feb 9, 2007 1:49 AM Flag


    Hey, Smooth, I recall you from IMH. An informed professional as I recall.
    I am no finesse. I figure the same scenario is happening here.
    REITs went big last year, but the interest was in commercial.
    If its a div play, earnings down, div has to drop. Thinking lower earnings, and praying for a better spread to compensate sounds like hope, and hoping has no place in intelligent investing. The yield can't hold. Basic. When its cut, shares could drop to 12 pps, with a 10% yield. exploding star. Go figure....

    NOTHING earns 30% for long...