I love it when I'm right (because it's not often). As I suggested a couple of weeks ago in this post about Newcastle Investment (NCT), liquidity pressure did cause NCT to materially cut its common stock dividend, from $0.72/share to $0.25/share. Shares of NCT were lately down 18% on the news.
Friday, March 14, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment