Tell me how any REIT could possibly perform this badly. Reminds me of the idiots who run ARR. And Bimini before that. Just destroy shareholders quarter after quarter. That said at 42% of last reported BV I have to look. Somebody stop me.
This has clearly become a market where one sells anything they own. Regardless of price. I've been followiung this sector for many years. EFC reported a book value as of 12/31/15 as they report monthly. It's trading at less than 70% of book value now. Many/most REITs are in the same sort of eval.
Thanks. At least this is on topic. I don't understand why others post about other stocks. Why they post about their mortgage. I think many need to seek a therapist and stay off the computer.
Hey he bailed me out of my McMoran stock position. Of course he totally screwed FCX shareholders and he and the entire board knew it. But thanks Jim Bob for rescuing a very bad position for me.
Great find...Thank you. To think that some little shetbag firm can tear apart a stock like ESPR is amazing.
Hey Dope.....on May 18th 7 differet directors exercised options to buy 8,000 shares each........