Can anyone explain why the 30 year mortgage has dropped 3 months in a row down to 3.79? Is this seen as a headwind for NRZ? Is it a temporary phenomenon? Is it owing to competitive pressures?
Know how you feel! I at first thought I'd round up my humble 4 shares. No longer sure at present valuation. I did manage to leverage ETP with 1K shares last week in low twenties. In meantime, not sure what I do with 4 shares. Maybe a Dutch auction coming? Be patient and forget about it?
Don't care who's selling. I bought some more at $11.25. At this rate, I will probably add some more next week! This and ETP are what I'm leveraging on here. Should be Interesting ride for those with patience.
With 4 shares, this will never be my largest holding, but why is it that this is frequently one of the few issues in my portfolio moving to the upside. Is this an evil joke or what!
Picked up a bunch at $24.40 today but feels like trying to catch the proverbial falling knife. I suspect that we'll retest the twenties in the next week or so. SA shows no signs of taking foot of the pedal. Interesting times. Don't know what I'll do if it takes another leg down. Might have to scrape up some more powder somewhere. Definitely chickens... times coming!
Is that akin to throwing out the baby with the bath water? You'd think Jeffrey's would know better!