Hey Davy I heard rumors that Davis got paid per post from RAS management, is that the same deal you worked out with them ? LoL
So you plan on buying more RAS to reduce your negative PPS even further; do these shares go down to your salt water locker also?
Davis and Davy I'd like your opinion(s) do either one of you think that RAS is due for another reverse split?
Finally you confirmed what I always thought you averaged down your position in RAS TO A NEGATIVE PPS !!!!!! WoW LOL
Gold naturallly is a safe haven, I jut got back into GGN a mutual fund specializing in commodities but making a strong yield ( 13%) primarily by selling call options on its holdings of commodity stocks
BREXIT will have a short term effect on the markets but currently people are searching for safe having's so treasuries are a prime place to put your money and their yield reflects that; the 10 year is down to 1.50% yield which will have a positive effete on mREITs cost of funds, reducing their interest costs ergo profit
I think your estimate is somewhat high for the July divi. Last July the divi was $0.785 and MORL uses leverage (loans) to generate additional income while its affiliate doesn't so interest expence has to be factored into MORL's operations Also several mREITS in the group pay monthly therefore reducing their contribution to the quarterly (big divi months) consequently a direct comparison is not justified
Sentiment: Strong Buy
Remarkable what eight months brings, the 10 Year note's yield is currently down by 25% to 1.71%
Sentiment: Strong Buy
I'm devastated all this time I assumed I had been corresponding with Davis The Great Communicator the 1rst and not the 2nd LoL
People expect one in September, treasury spreads are down do to their upward price movement because people are buying them as a safety hedge with the tumult surrounding the UK contemplating leaving the EU. All of this is effecting the prices of mREITS. A good time to buy them and MORL
Reagan's love of an economic policy called "supply side economics" aka "Trickle Down"and Voodoo Economics devastated this nation
Do yourselves a favor and read David Stockton's "Triumph of Politics and you'll get a true picture of who runed the USA the Republican Party led by Ronald Ragan
I guess I have a little Donald Trump in me; nonetheless, I had predicted back in March that MORL will hit $15 on June 14th 2016, lets hope I win the bet