Ladder Capital Corp (LADR)

[jugs]

OK, call me crazy---even I do that! lol

After re-reading my previous post I decided I'd be a fool to sell out to fear when I know for a fact that Ladder Capital is doing just fine. So how or why would I walk in the other direction?

I just bought 200 shares in premarket trading at $13.77. Back the 46 cent distribution concluding later this month and my true buy price is $13.31. That tastes pretty good to me.

So my position now stands at:

1,854 shares with a cost basis of $10.95.

While I'm really out of powder, if early trading in the regular session shows even greater weakness, I'll move on conviction aka margin. This could be easy money and I love going to the races common to the stock market.