1/7/2013 12:46:53 PM - Gapped up today challenging its 52-week high with a 2nd consecutive volume-driven gain. Completed the previously noted plans to sell 4.5 million shares of its common stock and also offer $265 million in convertible senior subordinated notes. This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history leaves fundamental concerns. However, it has earned stellar ranks.
10/26/2012 12:44:44 PM - Hitting another new 52-week high today with its 3rd consecutive volume-driven gain. Completed the previously noted plans to sell 4.5 million shares of its common stock and also offer $265 million in convertible senior subordinated notes. Noted in prior mid-day reports - "Extended from any sound base after its spurt of volume-driven gains helped it rally from a 13 month base. This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
10/25/2012 12:42:12 PM - Hit a new 52-week high today but it is off earlier highs. Completed the previously noted plans to sell 4.5 million shares of its common stock and also offer $265 million in convertible senior subordinated notes. Noted in prior mid-day reports - "Extended from any sound base after its spurt of volume-driven gains helped it rally from a 13 month base. This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
10/19/2012 1:09:44 PM - Churning heavy volume this week while hovering near its 52-week high and completing the previously noted plans to sell 4.5 million shares of its common stock and also offer $265 million in convertible senior subordinated notes. Noted at its 52-week high in the 10/04/12 mid-day report - "Extended from any sound base after its spurt of volume-driven gains helped it rally from a 13 month base. This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
10/18/2012 1:14:37 PM - Trading up again today for another considerable volume-driven gain, rising near its 52-week high. On 10/15/12 it announced plans to sell 4.5 million shares of its common stock and also offer $265 million in convertible senior subordinated notes. It was noted at its 52-week high in the 10/04/12 mid-day report - "Extended from any sound base after its spurt of volume-driven gains helped it rally from a 13 month base. This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
10/17/2012 1:04:35 PM - Trading up again today for another considerable volume-driven gain, rising near its 52-week high. On 10/15/12 it announced plans to sell 4.5 million shares of its common stock and also offer $265 million in convertible senior subordinated notes. Last noted at its 52-week high in the 10/04/12 mid-day report - "Extended from any sound base after its spurt of volume-driven gains helped it rally from a 13 month base. This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
10/4/2012 12:36:08 PM - Trading up again today for another considerable volume-driven gain and a new 52-week high. Extended from any sound base after its spurt of volume-driven gains helped it rally from a 13 month base. Prior mid-day reports noted - "This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
10/3/2012 12:54:36 PM - Trading up again for a 4th consecutive session with another considerable volume-driven gain for a new 52-week high. Extended from any sound base after its spurt of volume-driven gains helped it rally from a 13 month base. Prior mid-day reports noted - "This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
9/21/2012 1:02:03 PM - Trading up again today with another considerable volume-driven gain for a new 52-week high. Extended from any sound base after its spurt of volume-driven gains helped it rally from a 13 month base. Prior mid-day reports noted - "This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
9/5/2012 12:53:33 PM - Trading up again today following a considerable volume-driven gain on the prior session. Rallying from a tight trading range for the past 2 weeks following a spurt of volume-driven gains that helped it rally from a 13 month base. The 8/31/12 mid-day report noted - "This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
9/4/2012 12:49:36 PM - Today's considerable volume-driven gain helped it rally from a tight trading range for the past 2 weeks following a spurt of volume-driven gains that helped it rally from a 13 month base. The 8/31/12 mid-day report noted - "This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods."
8/31/2012 12:49:35 PM - This REIT which invests in sub-prime, non-conforming and other credit-sensitive residential loans had a drastic downturn in annual earnings in prior years and its erratic earnings history raises fundamental concerns. However, it has earned stellar ranks and its recent quarterly comparisons showed huge sales revenues and earnings increases versus the year ago periods. It has been consolidating in a tight range for the past 2 weeks following a spurt of volume-driven gains that helped it rally from a 13 month base.