Seeking Alpha

  Newcastle Investment Corp. (NCT) - NYSE

  • Ocean Man | Send Message 8 Jan 2013

    Average daily volume on $NCT is 2M shares. 50M shares are hitting the market by Friday priced at $9.35. Shorted more at $9.65. Free money?
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    • flippinjonny | Send Message 8 Jan 2013
      : why are you shorting NCT? please explain.....
    • Ocean Man | Send Message 8 Jan 2013
      : 50M shares are about to hit the market priced at 9.35.
      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