• REIT Analyst
    $WMC short opportunity. 2.35 div = .80 real $, plus 1.55 new stock. Think curt BV down from 11/30 to 16.25. Trades at 17.15. Do the math.
    12/20/13
    Reply (4)
    • REIT Analyst: Long HTS as a hedge, I like the exposure to cheap ARMs, overall lower risks than pure FRM players, and nice discount to BV.
      12/20/13
    • iolinc: nymt is 10% ab
      12/20/13
    • Humble Value Miner: $WMC short interest is 18% - and they will rush to the exit to avoid paying the 2.35 div; not so wise to short right now
      12/20/13
    • Positive Concavity: Thanks for this trade idea. Interesting to see that some prefer to pay a premium for more risk.
      12/23/13