Clearly this is in BSP's best interest. Not ours.
I'm torn. current management sucks. both offers, one of which isn't even being considered, isn't what I would prefer to see happen.
I'm hanging in for the ride, but I already dumped 3/4 of my position over the past 6 months. I took a loss on it, but I put it elsewhere where it's actually able to move up and recover some.
the whole market is brutal today, but still, RAD is leading on my pain factor today, that's for sure. Should've sold at 9. i debated it for a few days.... oh well, holding on for the next few years to recover i guess.
I'm not sure I'm a captain... I'm more like a stow-away who snuck into steerage :D I'm along for the ride... I put money in this high-risk vehicle knowing it was high-risk. I already wrote it off in my mind as a potential total loss. I'm only down a handful of percent after factoring in all the div's i've collected in the past few years. I don't think I want to pick up more right now, but that's only because i'm already exposed in the greater mREIT sector larger than most would consider sane (I'm in about 25% of my portfolio across multiple holdings).
I still think there's money to be made here in the long term. the market in it's entirety is going through some hurdles right now. I don't see interest rates moving to anything significant for a long time. Our global economy isn't working. I think the whole world is getting it finally. But it will get worse before it gets better.
If i was 55, i'd be worried about the next 10 years....
But I'm not, i'm 35. So i think I have time to continue to acquire good companies and ride it out so when the market does rally up again, i'll have a large pool in which to make a splash.
The whole market is a bloodbath today. down 5-6% on half my holdings. So, that said, i wouldn't sell a thing today. it's not how money is made... selling at lows is how you lose. i'm here for 15 years or, call in. whatever comes first.
It's typical that it happens the day before payout... get less shares. same thing happened last month. maybe it's just a coincidence.
i keep waiting a few more days to see when the bottom seems to be setting in. I thought it was last week and headed back up, and then bam, today happens. wow. what's going on here? even with the leverage, the related holdings don't seem to be tanking this much.
Let's not forget that some payers changed from quarterly to monthly during this time, which changes the big month lower without necessarily changing the quarter.
The entire market is in a similar trend. Will the entire market never recover either? It's the summer lull. If you look at last year, the market did a similar 'dip in the pool' in the hot summer months.
I agree with you that getting the div back is tough once cut, but the mortgage sector is improving a lot right now. Things are going to change greatly once Fannie and freddie get released from conservator-ship as well.
I'm a buyer under 18
Sentiment: Strong Buy
umm, this is an AT&T board. you should voice your complaints on the t-mobile board.