Agreed. I can understand buying a ton and then selling at or close to your initial investment at 2-4x and riding the rest, but c'mon, 5%. This isn't a blue chip.
And... The mortgage crisis is going to be a looooooooong deal.
I like their locationg - Miami, FL where they took such a large hit in the RE crash. Hey, maybe they should open up a location in Riverside, CA and/or blitz that area. JMO though.
Getting in at low to mid 7s and some orders at 8s.
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