NRZ is back to $5.16
i took the 227 and 235. Sold out of both a little before noonoldarmy1 said:
Today....but realize the $1.04 will either become a $5+ win on passage or a total loss if it waits until markets close to do something, or does nothing.
You sure LADR has short-term debt? They disguise it well on the Balance Sheet if so...FTAco07 said:
Stay the hell away from LADR and all other mortgage REITs. They all borrow short term to fund their business and are all already, or soon will be, facing margin calls. There is no bid for their assets at anything near attractive valuations and they are all in for a world of hurt.
AggiePeeps06 said:
Considering buying calls on the assumption a deal gets done overnight...
definitely a long term hold for me now, through the zombia corona apocalypse! Them and ZM.Aggietaco said:
Earlier ROKU sell order at 90 is looking pretty lucky right now. No one wants to hold overnight again? Of course now that I've said something, it will shoot back up.
Furlock Bones said:
wow, Chicago wholesale gasoline traded sub 20 cents on the spot market.
noPPAag06 said:
Doing anything for close?
I was planning to buy back in, but like I said, shot back up. I have a buy order waiting.BREwmaster said:definitely a long term hold for me now, through the zombia corona apocalypse! Them and ZM.Aggietaco said:
Earlier ROKU sell order at 90 is looking pretty lucky right now. No one wants to hold overnight again? Of course now that I've said something, it will shoot back up.
What about LegalZoom for quicky divorces?zwhag2010 said:
Will this CV lead to some baby boom in 9 months and if so what stocks would be good to get in now JNJ? PG?, KMB?, NTUS?, CRI? Andly ones you can think of?
But LADR is more of a lender than a traditional REIT, right? They certainly have some holdings in their portfolio, but they primarily originate against CRE as I understand them.FTAco07 said:
I can't imagine any mREIT not using a warehouse facility to originate or buy loans. Those warehouse facilities will have covenants that are being tested/busted and they don't have a buyer for any loans or CMBS right now. I'm not an active trader so I'm sure you can trade profitably in the short term, but there is going to be carnage in that space that has already started. MITT has already said it will miss deadlines for margin calls and I have a source I trust that claims Starwood is in serious trouble as well. All players in that industry are facing the same trouble and once one or two default the others aren't far behind.
May be concerned that their primary customers (tenants who typically live paycheck to paycheck) will be out of work and therefore unable to pay their rent.Fitch said:
One I haven't been able to figure out is CPT (Camden Property Trust). Their main asset type is apartments...literally the safest asset type we're seeing right now other than maybe data centers. Still down 42% on the month.