Arbor Realty Trust, Inc. (NYSE:ABR)
CAPS Rating:
A real estate finance company which invests in a diversified portfolio of structured finance assets in the multi-family and commercial real estate markets.
A real estate finance company which invests in a diversified portfolio of structured finance assets in the multi-family and commercial real estate markets.
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INSANE dumping.If those who short this at less than 2 p/e and 40% yield think they can bring down this company - it is simply absurd.The company makes and will make money.If the bears haven't learnt anything about a short squeeze on JP Morgan this Monday when the stock went up 80% and all these stupid little bears who tried to take down this symbol of Wall Street for no apparent reason got slaughtered - beware. This will happen to you here also. Shorting this stock at 17-20 bucks - fine, but this is simply stupid at these levels.The cheapness gets noticed... and will be picked up in a bullish rally.Also - some hedge fund was dumping this stock today like there was no tomorrow.It also looked like some price engineering may be going on.There is constantly 40-50% of shorts and pretty odd trades. well, Bush's SEC is asleep anyway.Regardless - this stock will rally up - make no mistake about it. I will enjoy my dividend :)The company will still do great in this real estate downturn.Should be at least 15 p/e (and "e" in this is pretty well known)IT IS AT LESS THAN 2 NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Besides p/e - it's cash available and yield...