Buzz, I see RAI cooling off a little know since the two for one split has been announced, maybe I`m wrong, glad I made this buy now, paying off BIG TIME!
Bought in today @ $14.93, we all know p.p.s. will drop .50 when distribution is paid, problem is how much more it may drop after that, here now probably for duration.
I want to see how much business is being shipped out from the Mexico Warehouse, this can also help the Co. in all aspects with several products available to sell world-wide.
Did the new contribution agreement with RMI cause this? Seems like a very profitable deal for NYMT, time will tell, hope the offering gets completed.
I like CLMT for a long term buy & hold, quarterly distribution of .685 just announced, also NYMT for the long term. If you want to take a chance, buy some LINE, kind of dangerous right know, still paying a monthly dist. of .10, may stop at any time though, buy & hold & if they don`t go under, you will be very happy one day, Oil & Gas want stay down forever. Best of trading to You.
I`ll go ahead & hurt you`re feelings now, as you see today you made a bad choice here, guess my earlier post are to old for new-comers to read. If you bought in @ $39.00 you may be okay, not much of a chance for any up-side here. I`m not short here, just about $1,500.00 down from my initial investment, collect a distribution or two & sell out, you`ll thank me later.
Sure was nice collecting the $20.00 per hundred since 2010, still holding a few hundred going down with the ship, definitely no rescue in sight.
Noticed your post on another heading, I may miss out on a good opportunity here, will hold off for now, but will add it to my watch list, Thanks-if You are interested in refiners check out CLMT, I believe this Co. is getting back on its feet.
Schmidt, as a first time want to buy in investor in NAT, since this is breaking new 52 week highs would it be feasible to get in here?, not looking to play a blame game, just curious. CNBC analyst says tankers should be in demand since Iran may have the opportunity to get back into the game after nuke deal.
Isn`t that the truth-First buy-in of IVR=$22.85, now $15.00. JMI=$13.71, now $7.00, NYMT=$6.50, now $7.70 which is up, but I also added more @ $7.99.
Check out RSO, I averaged down on it @ $4.33, a commercial reit which some thought it may come back from it`s downward spiral, now around $3.80, just a little gun-shy to pull the trigger on ORC for now.My highest buy-in on RSO is $6.55 on Sept. of 2010. Those good divi. payments have suckered me in more times than what they have been worth, best of trading to you. NYMT seems to be holding up pretty good, it`s a quarterly payer though.
If for some crazy reason NYMT drops down below $7.50, I`ll be adding more, still seems to be holding pretty good while others are declining with divi. cuts.
drcasey, you need to google KFC & see what they offer in China before making a statement you obviously know a little about, but not the whole menu. They own melting pot restaurants also.
Since the beginning of the last quarter in 2014, insiders have been buying with no sells with last ones in July of 2015, according to their homepage. Is there any individual holders left here who have any confidence seeing JMI making a comeback?
That is if you buy in at the right time, I`m still holding my initial investment shares bought in 2010 @ $22.85 per share, added more along the way at lower prices. If this market can get back to normal, I see this as a god time to pick up more. EFC is getting attractive also.
Nick, I just saw where IVR from Atlanta Georgia swooped down in Florida & got some of ORCs business, maybe they passed it up, no difference to me because I hold IVR also which has been up the past two days.
Looks like IVR & management are getting back on track, if this continues, we could see a raise in divi. which will bring investors back, looks like several REITS are making a come back, we sure need it.
Talking about uncertainty, what`s your take on the oil & gas situation? I hold a few hundred shares or units of LINE, another monthly payer which has experienced a big time decrease since fracking brought on the ongoing oil & nat. gas glut plus the saudi`s continuing to flood the market which is putting a lot of Americans out of work. They are hedged into next year, I`m still afraid we can see more distribution cuts ahead, would also like to add more here.