Two Harbors Investment Corp (TWO)

[kentonmag1]

Sorry for the late response Carl, just got back from 17 days in the Hawaiian Islands so a little out of touch.
Looks like the REITS had a bad run as a whole. There were also a few comments about the recent strong run of TWO and advising people to take a more cautious approach. The drop in dividend for the last quarter also raised a few eyebrows.
My own view is that the REITS as a group still have a good 15 - 18 months mileage in them before the economy becomes strong enough for interest rates to start climbing, which will have a negative effect on stock prices.
The recently announced buy back of Company shares is a strong positive that the insiders are firmly backing the Company and I see no reason to pull out in the short term.