After enjoying a big run-up in the last few years, Walter Investment Management (NYSEMKT:WAC) has been imitating that old party dance favorite, the limbo, for the past few months. Day after day, investors in the stock have been asking themselves "how low can it go?" With the stock now trading around $28 and change, and likely to have earned a whopping $9+ in core earnings per share in CY 2013 when the stock reports earning in a few months, WAC has to be one of the most perplexing investments out there for value investors. On the surface, the stock should be the steal of the century, and yet it keeps going down. The simple explanation is that investors...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|