Seeking Alpha

  Newcastle Investment Corp. (NCT) - NYSE

  • Ocean Man | Send Message 7 Jan 2013

    Shorted $NCT in the pre at $9.54 and $9.60. That's some good news, but they're going to need a large secondary offering to pay for it.
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    • Ocean Man | Send Message 7 Jan 2013
      : On a float of 168M. Will probably be more like 46M w/ underwriter overallotment.
    • det9 | Send Message 7 Jan 2013
      : Followed @ 9.59. That is good idea.
      NCT vs. ETF Alternatives
      Company Description
      Newcastle Investment Corporation is a real estate investment trust (REIT) that focuses on opportunistically investing in, and actively managing, a variety of real estate related and other investments.
      Sector: Financial
      Country: United States