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The Company operate as a real estate investment trust and provide senior and subordinated commercial loans, invest in real estate, engage in asset management and servicing activities.
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Recs
mattchenzo (< 20) Submitted: 5/08/08 12:52 PM : Start Price: $10.12 CSE Score: 39.33
they got falsely screwed by the subprime mess, thats all there is to it. Commercial loans is almost all they do, nothing residential. They will be back to 32/share within a year, and add in the dividends and this is a great pick. I bought first last november, and continued to buy as they went down, my loswet buy was 10.42/share and i think my average buy price is down to about 19.22... this is a moneymaker for sure!
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breaktrack (93.77) Submitted: 5/28/08 1:17 PM
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I love it when all the "chicken little's " bail out on good stocks thus creating fantastic buying opportunities. Buy some more before it rockets back up.
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