Seeking Alpha
  • Kevin Greenhalgh
    Thinking about selling some $NCT before the spinoff (not very interested in owning newspapers) and moving it over to $NRZ. Any thoughts?
    2/4/14
    Reply (5)
    • taxman100: I own both NRZ and NCT. It looks like the spin-off is a small percentage of NCT - .07219 to 1, or 7.2% of NCT. I'm holding for now.
      2/4/14
    • Kevin Greenhalgh: Have you heard anything about an expected price for the spinoff?
      2/4/14
    • taxman100: Not yet, I understand NEWM is really nothing like NCT - legacy from their old structure. I've bought a lot of NRZ outside of the spin-off
      2/5/14
    • taxman100: I think there is an article somewhere on SA about an estimate of your question - I'm thinking less than 25% of NCT to be spun.
      2/5/14
    • Ucatfan54: Considering it too; with the way Merrill has messed up the record keeping of NCT in their system, I don't want to go through another spin
      2/5/14