Read the transcript, sounds like the company I bought right after the IPO. At the time I figured about 9% distributions and a steady price of $20-$22 w/a small increase (.50-.75) annually. Hasn't happened, but I didn't heard anything to make me sell either. Certainly sounds like QRE expects a good 2014 and beyond.
Most of these articles are computer generated and written by the computer, i.e. The Sreeet and MF and they are rarely edited by a real person. They zero in on certain buzz words and numbers from any press release, sometime legit and sometime not. SA articles seem to be written for the benefit of the author, hoping others will take an action on what he/she has written whether true or not. For sure all are an income source for Yahoo and other sites and this income depends on you clicking on to read their trash.
Even tho management has been very quiet lately we should hear a roar in the next 2 weeks. Look for announcements on New Media, this should happen on or before Dec 16th. We should also get some guidance on the dividend by Dec.20th. Both of these should be very positive going forward. If we don't get these announcements by those dates we are probably going to get lumps of coal for christmas.
FIG is eyeing a bid for a bankrupt communication company. Once they get the company, I wonder how long it will be before it is sold to NCT for a nice paper profit for the powers that be at FIG. No question, these guys know how to make money. If only they would pass a little of it to us.
I'm assuming MF, SA, The Street and others like them are paying Yahoo to post these as news articles. I don't see legit sources printing their garage. Yahoo needs to print only reliable news sources if it truly wants to be respected.
The complete offering is sold out. We should pick up .20 cents -.40 cents in the next few days. Hopefully we will hear some good news on NM by middle of Dec. and be $6.00 + going into next year.
We just have to wait until Dec 15-20 or there about when Dividends are announced. I'm thinking they will be a combined number of less than.30 cent and could be a low as .25. But there are so many variables out there i.e. NSM sale of origination business for NRZ and NM for NCT. Remember the big boys in NY do not like surprises.
I wondered yesterday (Wed) why such a big drop in pps, now we know once again someone leaked information. I know it happens all the time, I just don't understand how they keep getting away with it.