Thinking about buying some of this. Where do you find the book value on these mreits? Am looking at CIM, PMT, OAKS and JMI. If you guys have any recommendation I'm all ears.
BBEPP? Read a very negative articl re the viability of the MLP structure in Barrons. Probably a ways away from that outcome but might be worth your while to hear the authors viewpoint.
I'm in this as an income play. It is the first stock I purchased to put 100K to work. Approximately10K in ten stocks a piece. It's what I call my "high risk" portfolio. I have owned some of the BDC's like PSEC and FSC, (which I fortunately made a little money on before I sold them). I was looking for less drama and I saw Leon on some show where he was discussing TCRD so I bought some. It started off well but since then has been very weak. Still have nine more stocks to go if anyone has any ideas. TPVG was another one I was watching but fortunately did not buy as it has also taken a pretty good hit. Looking at some mreit's also. Leon likes CIM and PMT. Any suggestions from you out there in the trenches? Thanks and good luck.
Was so happy this thing finally stopped going down against a lousy tape. Today it does a total reversal on a great day for the market. This is the second dog I followed that Leon Cooperman pitched. Leon a class act who has somehow lost his touch. It's a shame.
828,650 shares in total today. Wow! A lousy day. Fingers crossed for some great results and expanded dividend coverage to get a rebound.
And for some reason Leon Cooperman has lost his mojo. See SD and ATLS, (and TCRD) for confirmation. The guy is a brilliant investor and class act but his stocks recently take gas BIG TIME. Can't explain it. I own this at $11.86 and it has been a dog. Hope they can cover the divvy + so maybe it rises like a phoenix. Wish the best for Cooperman's investments. He is supposedly a really good guy. Bummin I own his recommendations though. Best of luck.
BDC's taking gas. Leon Cooperman is apparently cursed after a stellar career. Selling at discount to book. Need some good PR, (favorable earnings) to move it higher.