Rithm Capital Corp (RITM)

[fung_derf]

Is it?
Man, one of the lessons I'd give to everyone on IHUB is, quit using SA for any source of info. Totally unreliable.
With that said, it has already made it's top for the week and I'd consider buying some next week under $6 for a ride back to $11.

[ramorris3]

Great earnings (all things considered)!!

https://www.newresi.com/investors/news-events/press-releases/detail/150/new-residential-investment-corp-announces-first-quarter

https://seekingalpha.com/news/3568935-new-residential-investment-eps-beats-0_60

[ClayTrader]

* * $NRZ Video Chart 04-21-2020 * *

Link to Video - click here to watch the technical chart video

[broshwag]

I got out too early. Oh well. It wasn't looking very good so I took my profits. All REITs went up today on news.

[jas1n]

Going up when the entire market is down. You dont like that?

[fung_derf]

gagree

[broshwag]

Today makes no sense. This stock makes no sense.

[fung_derf]

All the bad news is out there already??

[Landshark]

Why is this bucking the trend?

[Paullee]

Servicers will be limited to only 4 months of advances, just breaking in WSJ

[Michael TRed]

Finance getting pushed up this week. Backbone

[StockBull]

Good AH action with NRZ. Excellent move from today’s low at $4.54.

[biglued1]

Me too

[fung_derf]

I'm not sure why you'd want to own this any more

[broshwag]

I dont like where this is going.

[justbecause516]

Lets see if $5 holds if not I'm gonna add

[broshwag]

What is going on with this today? Does the dividend factor into its drop?

[broshwag]

What is going on with this today? Does the dividend factor into its drop?

[StockBull]

Thanks for the video chart, Clay. Appreciate the analysis, as always.

[broshwag]

New article as of 9 APR:

https://simplywall.st/stocks/us/diversified-financials/nyse-nrz/new-residential-investment/news/what-does-new-residential-investment-corp-s-nysenrz-share-price-indicate/?fbclid=IwAR0sT_S1ZgX-Wtvl09O6ds-KJdt_O2plxZOUMabsASAqhlePXSmcmId1eRs

[ClayTrader]

* * $NRZ Video Chart 04-09-2020 * *

Link to Video - click here to watch the technical chart video

[justbecause516]

lol

[fung_derf]

Not my real name. Yours? How many guesses do I get?

[justbecause516]

By real name to lol

[fung_derf]

RagingBull days? Uh oh.

[justbecause516]

This is true and thank you.I know you from back in the RagingBull days lol

[fung_derf]

Often times, the difference between a good stock and bad one is the day you bought it.
You may use that if you wish.

[justbecause516]

In and out and in and out Fk the dividend until i hold enough free shares

[fung_derf]

Good news, it's above last weeks high.
Bad news, they still cut the dividend by 90%.
I still smell suckers rally, but if you bought for a short term dead cat bounce, good on you I guess.

[justbecause516]

$6.55 and climbing Shazam

[justbecause516]

Bats is feeding bigly

[justbecause516]

This will see $10 again before it see's $3 again

[justbecause516]

Bats is feeding

[justbecause516]

Today we say goodbye to $6.Clay your chart saying $4.60 was resistance was totally wrong as usual lol

[StockBull]

We got ourselves a mover and a shaker here with NRZ. A major overreaction is correcting itself as we watch. Beautiful.I made popcorn.

[justbecause516]

The $4.60 was like a hot knife through budda,now lets invert that $4.60 to $6.40 for tomorrow and I'm close to a double off the bottom.I think double digit dollars are coming

[justbecause516]

Lets do it this time

[justbecause516]

Once we break $5 look out,this was double digit dollars a cpl weeks ago

[ClayTrader]

* * $NRZ Video Chart 04-07-2020 * *

Link to Video - click here to watch the technical chart video

[bar1080]

Count me in if FM & GM are_onboard. But if "the price is a gift" why did it drop another 22% the next day?

[Milo2]

I'm sorry --who is FG and GM?
TIA

[bar1080]

Jeesh, wasn't NRZ another Jugs fave a year or two ago?

[leftovers]

WOW hard to believe this is trading near 3 dollars was at 16 just 20 trading days ago.

[Solar_Express]

The company is backed by FM GM the price is a gift.

[fung_derf]

Interesting I guess.

[bar1080]

Mall tenants have pretty much stopped paying rents following Cheesecake Factory's lead a few days ago. CAKE is probably much stronger than most tenants.

[fung_derf]

I've been reading a lot of websites about "paying what you can". On the other hand, my stinking gym is refusing to allow to stop paying. They say they will extend my membership, but I have a lifetime membership so I guess I can use it after I'm dead.

[barnyarddog]

Where is the government on on this issue of bills being put on pause? Step up GOV, speach on Relief, policy, no need for this crap selling down. What is 6 months forbearance? No need to bankrupt the system over this misunderstanding.

[leftovers]

barntarddog did you discover the Corona Antidote?

Reads like over 10.00 stock

April 1st Rent is due and after the 10th a late charge is assessed. Now that people can't pay the rent? Guess what is next?

That's right the landlord can't pay the mortgage! Not a very pretty picture to say the very least!

[fung_derf]

No, that came from the government. I think the loans were from the government to pay the landlords.