I predict a major partnership. Since I am out. It will start performing.
Actually. I predict nothing but another 19 million dollar loss for the quarter.
Can you post a link for this week on investor village board? I can't find it.
I've had some pretty good picks over the last 10 years.
some bad, most were good
I bought SIRI at .16, sold at .33 (100k worth)
still wish I had that one
bought ELNT years ago 1999 I think watched it go from 4 to 130 (I sold at 80)
bought VNR at 6, sold at 24
UVE at 2, sold at 5
IVR at 20, sold at 14 (ouch)
ivr and snta are my largest losers though
I've always believed technical analysis of stocks ONLY works for companies with bottom line fundamentals
SNTA has NONE
it is purely speculative
catching a falling knife is always hard, for sure.
I've got a bid in at 15.20
.05 increments down to 14.75
I really hope it doesn't hit
also this kind of a drubbing on the stock I think isn't because of compensation
I think it had more to do with rebalancing and NRF becoming more of an equity reit than a mortgage reit, and also the fear of rates going up.
unless mr market knows something is happening "operationally" with NRF
dividend cut? sure hope not
if they cut it, this will be in the low teens overnight
I bought in 2009 (if memory serves at 8 and change.
sold at 24 about 2 years later
kicked myself as I watched it go to 33
sure glad I got out when I did.