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  • Mortgage REITs: Ignore GAAP, It's All About the Cash [View article]
    If the particular REIT is not going bankrupt i.e. there are no short term financing issues, and yielding over 15%, then reducing assets and buying back stock makes financial sense. Basically buying back dollars for 85 cents. There is opportunity in panic.
    Feb 29 10:22 am |Rating: 0 0 |Link to Comment
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