REML opinion

N

never2old

discussion, be blunt, I can take it, on why I should not buy & hold this for up to 12mths?

last at $2.87 considering to place an order 1000 shares, at $2.50 good till April 24, potential loss $2500, or the stock could at least double.

https://finance.yahoo.com/quote/REML?p=REML

https://notes.credit-suisse.com/Show/Details/REML

on the upside the distributions are paying approx 50%+,

Coupon History
Current Yield (annualized)* 49.42%
Payment Date Coupon Ex Date Record Date
04/21/2020 $0.1690 04/09/2020 04/13/2020
03/20/2020 $0.0917 03/11/2020 03/12/2020
02/24/2020 $0.0679 02/12/2020 02/13/2020
01/23/2020 $1.0085 01/13/2020 01/14/2020
 
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In general I would look below $1 1000 shares for short period about few weeks. Anyway, it’s not attractive to me. Sorry, did not make deep analysis.
 
Predicated on CMBS not getting utterly demolished. This will probably go into forced liquidation.

NLY and AGNC, mostly in agency mortgages will be saved by the FED support.

Should be obvious that this is a lotto ticket.
 
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