Savvy Trades and Investments

[Nigel Boid]

NRZ

All REIT managers want a higher float since they base their fees on assets under management. Typically, they are nice enough to to schedule offerings when stock price exceeds book value. $NRZ has traded above book value for a while. That's why I am expecting something of the sort for $NRZ.

Typically, offerings provide excellent market entry points into these REITs.