Re: Wow - $15.13 on triple volume
My guess is that Crash is correct. I believe NRZ will be hit heavy (and sort of unfairly) as interest rate fears worsen over the coming months. I do not think Trump and China will strike a deal, unless Trump succumbs to some of China's demands. I also think the Chinese are a little upset with the current negotiations and will take a harder stance than they were previously.
I think we will see a 75-100 basis point adjustment downward from the Fed over the next 12-15 months. This is based on nothing more than my own conjecture. Obviously, that would not be in the best interest for NRZ. I am waiting on a lower price point to buy back a large portion of my NRZ holdings. I still like the company and their operations, just don't trust the market to react sensibly to this stock.
LONG NRZ