Now this is fine too. Just get to work and clear the cloud out the way.
communicate to reaffirm how their business going forwards. It can be special div, buy back debt or stock repurchase program.
This will stop shorts to spreading fear rumor. Painting a worse picture of Ocwen.
There are Institutional investors waiting for this confirmation to double down their investments
accumulating the available shares floating out there. And once it dry up :)
I mean a ton of them bought from the 30's, then later 20's million and million of shares last 3rd quarter alone. Then there came Jan more Hedge Funds bought when CA hits the wire. More of them bought on Monday.
Retail investors should feel safe right here. Just seat and wait for couple months OCN will move up much higher.
It was B3 and now B3. More like a reaffirmed on credit watch.. That's all. Nothing new.
and steal a few more mil cheap shares from the little guys. Blames on Microsoft and Cat.
Personally, i think it might end up that way.
What do you folks think it worth?