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A financial institution focused on investing in, financing, and managing residential and commercial real estate loans and securities.
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osborta (< 20) Submitted: 11/06/07 3:28 PM : Start Price: $26.19 RWT Score: -11.97
Contrarian pick - this company is a REIT defined in their profile as "Real Estate and Mortgage backed securities" - yikes! And it is based in California, no less! Double-yikes! BUT, it has a ton of cash and looks like it is seeking to take advantage of the current situation, including a huge stock buyback.
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beklimes (50.75) Submitted: 1/04/08 11:37 AM
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I think RWT has a strong enoung business model and foundation that it will weather the 'reactive' investor and remain a strong company. Buy more...
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