Good luck with that. This stock hit its high in March and hasn't gone up since then including its dividend. It is down and the market as a whole is not. I think in a year it will be where it is now... including its dividend and the spin off media company, and that is no sure thing. It could be lower. On the other hand the market as a whole will be up.
This was a good buy 5 years ago. Today, I don't know.
Nuance has always had intriguing products and a commanding market position. I have loved this stock for years. This morning it is clearly going to open down and whatever price it hits after 10 or 15 minutes will be a good one for an entry position. In a year, you will look at a chart from this day and the trajectory will be up. The transition to the new pricing model will be over and they company will show steady growth. At that point all the brokerage houses will begin to upgrade and it will have resumed it's place in the list of great growth stocks. The price will probably by 20... 33% higher.
Its funny how these things work. You really have to buy when other people are disappointed and unhappy. You buy your straw hats in January. Folks... its January. If you hold the stock, unless you need the loss for tax reasons you may as well continue to hold. There is nowhere better to put your money. Now is the time to buy.
I am always amazed by trading action. Today the stock was down most of the day. You'ld think the guy that bought all those shares yesterday could have gotten a lot better price by purchasing over several days instead of pushing so hard on one day. I often make large trades in batches of smaller trades so as not to pressure the bid or ask. I give the market time to rebuild the other side of the trade. This trader is just one more example of the inefficient market.
It does bode well. It takes a bunch of shares and puts them in medium term hands. A guy that buys like this isn't likely to sell anytime soon.
Sold November 3rd for 6.60 because of lack of announcement of deals. Repurchased following quarterly CC at average price of 5.93 after being convinced that dividend will be affirmed or raised at announcement approx. Dec. 16.
Only idiots use stop orders. If you want to sell...sell. Stop orders take you out of a stock you don't want to sell. Investing 101... Buy dips, have a pre-determined sell point. Sell when you get there.
What a stupid thing to say. I fully understand his frustration. As a long term investment this is only down 28% from the its first week trading.
The problem with this company is there is no information being shared with the owners.... us. As a result there is no reason to buy. I'm waiting for the next planned news, the dividend announcement. It should come soon. Hopefully there will be a reason at that point to say it has a good yield and people will buy.
I'd like to know why you think this purchase was a good one. We were told that NCT was going to purchase mom and pop players in the senior center business, which is "consolidating". Instead we purchase unwanted properties from the largest holder of senior centers in the country. The properties purchased already have 91% occupancy, more than our other centers average. It is conceivable, but unlikely, that we can boost revenues in the usual way by filling them up... they are filled. In essence we are using our liquidity to provide capital for another Fortress entity so that it can expand in the senior living business. How is that good!
Once again NCT is being used as a piggy bank by Wes Edens to promote the interests of another Fortress entity. Remember... he holds stock in all of them. Right now he is doing better with his other holdings.
Great post! Boy this has sure been a bad week! Hopefully NRZ is bottoming. My sense is that things will be rough until the dividend is announced. People are a little freaked by the fact that its core earnings were not as high as the quarterly payment. I think that was covered in the Conference Call, but management has lost credibility by promising things they didn't deliver. Its also possible that the press to sell more shares of NCT is getting in the way of NRZ (even though NRZ is a far better company). Hopefully next week will begin the recovery.
Where did you get that idea. They didn't announce an acquisition of Holiday Retirement. There was a suggestion that they have some kind of deal to acquire some assets from subsidiaries of Holliday but I haven't seen anything announced like what you suggest. Read the press release again.
Sentiment: Strong Sell
NCT is diluting its stock by issuing 50 million additional shares and they have made no announcement as to the nature of the deal they are involved in, what they are buying, when it will close, is the deal complete....absolulely no information. Anyone who owns this stock is completely nuts. This is an outrageous act by corporate officers. Good luck longs.... this is the worst run company in the world. Wes Edens should be arrested.
so who is manipulating the price?
I'm sorry this is ridiculous. It is hardly trading. It isn't being manipulated it is being ignored. It is being ignored because there is no new information to consider. What we get with these stocks is silence between earnings reports and at report times promises which are never publicly kept. What will bring back the interest is information and publically closing deals.
No, I still think he is a #$%$ manager, His lack of transparency is why the stock is down right now. At the same time he has finally hired a couple of employees for the company. Hopefully the reason is not just to give a perk to a couple of his friends.
I bought the company because I like the business. It should be able to maintain or raise its dividend. I bought it cheap. Hopefully after the dividend announcement it will go back to its old highs. If there is no other announcement in the interim I will probably sell again and trade it instead of hold it. If they announce a deal in the next month I could get a nice pop.
They have to get their cash invested... sooner not later. They have promised to be fully invested over and ever. They said after the first quarter that by the third quarter they would do it. They promised deals. Hopefully they will deliver.
You are correct. I was just lucky. This time in public which is especially satisfying. After several weeks of being vilified as an NRZ hater, I have rejoined the longs.
One of the nice things about our recent drop is that all the weak hands get pushed out of the stock. As this rise develops, they will clammer back in and there wilt be a lot of momentum generated. In a short time it will have recovered and will likely make new highs.
Nothing changed but the general direction of trading. So much for efficient market theory. On the other hand those who sold out of the stock on old highs and parked themselves in Stratasys (which gained 25% in the last four weeks) and then bought back in near the recent lows are looking pretty smart right now.
This isn't a return of capital, it is a diminishing investment. MSR's only last as long as the mortgage is active. The average mortgage is active for about 5 years. People sell their homes or refinance at that rate. A better way to look at it is a lease on a money making operation. The yield is great. It never ceases to amaze me that everything NRZ is buying is expected to yield at least 14%. Out of that they pay dividends. There is very little overhead and the cost of capital is very low. They have even started to borrow... at 3.5 percent I expect... and are investing that as well. What a business!
This drop is not supported by fundamentals. If management was better at communicating with investors, the stock would double in a few months. It will go much higher... soon. It needs to get to the dividend declaration. I think it will be higher than expected... at least 17.5 cents, the current yield. There is no way that the stock will yield more than 10% for any length of time.
What you are seeing is the results of stop losses being triggered. When a stock hits a round number a lot of people have stops set which cause automatic selling. I would wager that this is near the end. The stock has lost about 20% in 5 days. It should have a dead cat bounce at some point. I would expect after that it will take news to move it back to its old highs. That should come when the dividend is announced. If it is the same or higher, it should make people feel better.
This drop is a direct result of the conference call. There is a huge lack of clarity with this stock. It needs management to talk to investors more and explain more of what is happening. The call was really unfortunate. Too few analyst questions. Perhaps management was holding back thinking there would be a chance to talk about the company more during the question and answer period. They should have addressed the NSM mortgage issue... especially because they are the owner of both entities. They should have given better guidance on dividends and future plans.
I have bought back into this stock. I think it will do well from here.
The first thing one must learn to understand investing and to make money is that you want to buy straw hats in January (a Buffetism). Your posts are wrongheaded because all you are commenting on is momentum... is a stock going up or down today. The investor looks for opportunity when a stock is down not when it is up.
The investor looks for jewels among the neglected and unloved. Now is the best time to look at NCT and NRZ... while they are down. Your posts are irrelevant because they contain no information that would aid in that process. They are just noise taking up space. You can do better if you want. Try to say something worthy of our attention.