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Re: Enterprising Investor post# 577

Thursday, 02/06/2020 2:29:47 PM

Thursday, February 06, 2020 2:29:47 PM

Post# of 724
New Residential controls call rights on over $100 billion in UPB of mortgage collateral, representing about 36% of the Non- Agency market.

During the C-call, an analyst asked about the profit potential.

Answer: $100 billion, 2 points, divided by 400 million shares results in $5 per share over time.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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