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re: Anyone loading up on NRZ?

Posted on 3/31/20 at 12:10 pm to
Posted by AlexLSU
Member since Jan 2005
25341 posts
Posted on 3/31/20 at 12:10 pm to
Did anyone load up?

They announced a divided reduction today which is causing a sell off. It’s about to dip below $5/share which is close to the year low
Posted by go ta hell ole miss
Member since Jan 2007
13664 posts
Posted on 3/31/20 at 1:33 pm to
It certainly looks like an interesting long term value play and their forward yield is still over 3%, which is not terrible in this current environment.
This post was edited on 3/31/20 at 1:54 pm
Posted by bayoubengals88
LA
Member since Sep 2007
19035 posts
Posted on 3/31/20 at 1:40 pm to
I bought 80 somethings shares at 7.05.

It'll be ok. $15 again soon enough.
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