- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 4/7/20 at 10:49 am to rocket31
It shot up over 15% just yesterday.
I liked it just to diversify some and it’s just about at its 52wL.
I liked it just to diversify some and it’s just about at its 52wL.
Posted on 4/7/20 at 12:23 pm to Brettesaurus Rex
Down almost 20% today based on the dilutive offering. Dividend expected to be cut from $0.50 per quarter to $0.30.
This post was edited on 4/7/20 at 12:42 pm
Posted on 4/7/20 at 2:48 pm to GeneralLee
quote:
based on the dilutive offering
Can you educate me more on this? And why would they do this to their investors?
This post was edited on 4/7/20 at 2:50 pm
Posted on 4/7/20 at 3:13 pm to deeprig9
Had to raise capital I suppose.
Damn that seems dire. Especially when this this was flying so high in February.
Damn that seems dire. Especially when this this was flying so high in February.
Posted on 4/7/20 at 3:28 pm to jimbeam
quote:
Something like 90% of their portfolio is residential mortgages. realistically, how many homeowners will go under? Do we think this will drag on for such an event to happen?
I saw somewhere the residential sub-715 credit score non-payments through March end increased from like 0.4% to 4.5%, that's pretty damn significant with the recency of layoffs and shows how little cash buffer people have. I've cautioned a few times I would not touch CIM with a 10 foot pole, sure wouldn't chase it down the shitter if someone is "cost averaging down" from significantly higher share price, especially given the dilution/cut. Sell it in taxable and use the tax loss to offset some gains in something else, carry forward the loss, or offset 3k vs income. If it is in tax sheltered I would likely still sell. I think the real opps with more spread of risk would have been CEFs with pools of REITs or mortgage backed security, at least if a few names get blown up you don't lose everything and have upside with the remaining which were trading at depressed prices.
This post was edited on 4/7/20 at 3:29 pm
Posted on 4/7/20 at 3:31 pm to tirebiter
Bought several shares at 8 and again at 7..... I wish those cannabis stocks I bought last year would take off 
Posted on 4/7/20 at 3:40 pm to tduecen
quote:
I wish those cannabis stocks I bought last year would take off
mine were all up today
"up" relatively speaking of course though i am making money in and out of CGC
Posted on 4/7/20 at 3:43 pm to cgrand
Mine have been up and down, I wish I had sold tbh but held on too long thinking they would take off.
Posted on 4/7/20 at 7:47 pm to tduecen
Everything I’ve bought in the dip has done great.
Except fricking CIM. I’m in at 9.50. Think I’ll just hold for a few months, might even buy more if it dips past 6.
Except fricking CIM. I’m in at 9.50. Think I’ll just hold for a few months, might even buy more if it dips past 6.
Posted on 4/7/20 at 8:51 pm to tduecen
quote:
I wish those cannabis stocks I bought last year would take off
Preach, brother!!
I'm in a love hate relationship with One World Pharm (grower in Columbia) and Digipath (testing company in Nevada).
Posted on 4/8/20 at 2:09 pm to deeprig9
good play for us 
Posted on 4/8/20 at 2:23 pm to rocket31
Nice little boost this afternoon
Page 4 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News