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More on Walter Investment (WAC) (previous): "The underlying earnings power of Walter has not...

More on Walter Investment (WAC) (previous): "The underlying earnings power of Walter has not changed meaningfully as a result of the higher prepay speeds," says Credit Suisse, also defending the stock. Walter's dive yesterday spread through the whole servicing sector and may have made bargains of the high-flyers: OCN, NSM, HLSS, NCT.
Comments (3)
  • WHAT DO YOU MEAN EXACTLY WHEN YOU SAID- "MADE BARGAINS OF THE HIGH-FLYERS"?
    20 Mar 2013, 09:21 AM Reply Like
  • Well, NCT is down 3% today.

     

    That might be a ripsnorting bargain.

     

    We'll see how long it lasts.
    20 Mar 2013, 11:28 AM Reply Like
  • I don't get it. Why would people sell the day before the ex-dividend? Don't they want to get the dividend?
    20 Mar 2013, 10:40 PM Reply Like
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