InvestorsHub Logo
Followers 2
Posts 76
Boards Moderated 0
Alias Born 02/20/2013

Re: SFSecurity post# 38367

Thursday, 10/09/2014 12:11:42 PM

Thursday, October 09, 2014 12:11:42 PM

Post# of 47132

What does everyone think of MORL, an LETN that in less than a month dropped 12.66%? It pays a bit over 17% and pays monthly. It trades rather thinly, mostly under ~400k share per day and since it was created has been up to 31.86 and down to 16.88 from a creation price of ~25.88 back on 10/17/2012.



Well, since this invests in REITs, I thought you might find this article interesting http://www.advisorperspectives.com/newsletters14/Has_an_Unavoidable_Decline_in_Home_Prices_Begun.php.

I think their is still too much tight credit. This might be interesting in another quarter or two when interest rates go up (maybe) and credit gets a little looser. Did you run this through an AIM simulator?

Hope this helps as this is IMHO

Art (AIM1979)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.