I think the same can be said and more about the Bernie Sanders/Elizabeth Warren wing of the ultra liberal democrats....and Obama is very close to their camp....
Four excellent candidates each of whom would be way better for the country than the idiot in chief :
Kasich; Rubio; Bush and Christie.
Hi, guys. I recognize that actions speak louder than words but maybe you can provide some clarity regarding your words and share repurchase. And repurchase is all about the effects on long-term returns, it's not about any nonsense about near-term effects. I believe you jumped at the opportunity to purchase a quality bond selling at $0.75 from the dollar. You get the math, we get the math. I'm not convinced though that we get your math regarding share repurchase and I don't think you've provided us much clarity regarding how you think about the math of share repurchase. So can you walk us through the returns math as you see it regarding share repurchase?
Michael Hough - CEO
I'm not going to do math here, we can do that offline Jim.
Jim Kieffer - Artisan Partners
I think it would be helpful do it online. I think a lot of people are curious about the way you think about it.
Michael Hough - CEO
Well, I was clear early at the beginning of the call that we have had capital needs. And we've directed the use of our capital over the last period of time to building what we think is of longer, more sustainable business, and one that will add more value than buying back stock at this time, it was -- and made it clear that we will buy back stock in the future. But there is not a math that we're going to go through right now on this call, and we'll be happy to do it later. So, anyway thank you for the question and we will -- we can talk offline
You are clueless. First of all ANH ws the best performing MREIT YTD because it has been buying back stock. Second, IVR is very cheap; likely 69% or so of current book value; and I suspect they have also bought back stock to support book. Buy a clue!
Sentiment: Strong Buy
that's why democratric controlled cities (for like generations) such as Detroit and Baltimore are doing so well; and NYC only recovered under Guliani and Bloomberg,,,,,fool!
You went from no drug - to no safe drug - and you also ignore the diagnostics business they built from scratch and sold for like $700 mm. Also ignore all the partnerships. But i guess you know more about the science than the best minds at all the top drug firms. ;-)