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Nationstar Mortgage Holdings Inc. Message Board

  • alpha2735 alpha2735 Nov 14, 2012 8:34 AM Flag

    Current Thoughts?

    Dear investors,

    I'm wondering what people's current thoughts are regrding NSM's stock price future. I am guessing the last earnings report as well as the threat of more competition is what's causing a faster drop than the general market.

    Is anyone still long, getting out now, buying on the dips? Would also appreciate intelligent thoughts on the effect the current situation is likely to have in terms of the Obama re-election and the fiscal cliff.

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    • Covered my calls with 22.50 Jan put options in this uncertain market. If your "in" for the long haul, hedge.

    • Hello investor,

      I have been a trader on this stock for the last 90 days. I think what is going on here is naked short trading. The short interest has gone up a lot in the last 15 days. i have tried to borrow shares for the last 45 days but have been unable to. but the short interest keeps rising. I think once this gets more in the open a little more covering of the naked shorts at least will be done and should provide a floor for the shares. The earnings for the future look good. the outlook for the company looks good. Rebound coming just hold on for now. I see a move back to the 30,s soon. Ocwen missed earnings a few times and not much happened to there stock.

      Sentiment: Buy

      • 2 Replies to markbelfuss
      • It's options expiration week too, and you see the price driven down to wipe out all the call option holders... Look at the yahoo options page for NSM and you will see what i mean. If there's no shares to borrow for shorting then I suspect the institutional big boys are doing naked short selling or borrowing phantom shares to sell. Fiscal cliff is an excuse to shakeout weak players I.e. retail investors before the correction ends IMHO. This pattern has happened time and time again and I don't see any difference this time.

        Sentiment: Hold

      • Thanks mate. Always nice to have a considered, intelligent opinion on these boards. I thought this board was dead for a moment. What do you think the impact of JPM's purchase of Metlife's portfolio will have on NSM?

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