ahulme Posted - 1 hour ago

$SACH hopefully this was the reason for the drop… have to wait and see…

svb64 Posted - 13 hours ago

$SACH missed the call, larger loss reserves as I expected. Earnings less on more shares is tough, a trend that hasnt turned in the last couple years. Looks like they sold most or all of the investment security portfolio , maybe color on call about that. 7 million dollars or so. Not insignificant. 25 million in loans due next month , refi at higher rates no choice. Oh well, I had hope they could moderate losses with their short terms , last Q it was work outs, now they move to defaults and they take them on... Will see what happens, not buying back in yet, will hold the few hundred I still have.

Crazyjoeybob Posted - 14 hours ago

$SACH Looks like this was already priced in to the huge drop we just had. Over reaction but maybe we can all grab some cheapies if it drops today.

R3_4_ME Posted - 15 hours ago

$SACH revenue up still but income dropped 2 pennies per share. Crumbs. Still love it though.

DonCorleone77 Posted - 15 hours ago

$SACH Sachem Capital reports Q1 EPS 8c, consensus 11c Reports Q1 revenue $17.2M, consensus $16.91M. John Villano, CPA, Sachem Capital's Chief Executive Officer, stated: "In the first quarter, we continued to navigate through an evolving and challenging macro environment marked by uncertainty regarding inflation, and the Federal Reserve's future rate policy. We remain disciplined, and while long-term capital remains relatively unavailable to our borrowers, we are focused on maintaining strong liquidity, growing borrower relationships, and protecting our capital. Our diversified portfolio and solid balance sheet provide confidence as we patiently wait to resume building our business."

Stock_Titan Posted - 15 hours ago

$SACH Sachem Capital Reports First Quarter 2024 Results – Revenues Grew 17.0% to $17.2 Million https://www.stocktitan.net/news/SACH/sachem-capital-reports-first-quarter-2024-results-revenues-grew-17-0-v09khl3m2bw6.html

Stock_Titan Posted - 1 day ago

$SACH Sachem Capital Sets Dates for First Quarter 2024 Earnings Release and Conference Call https://www.stocktitan.net/news/SACH/sachem-capital-sets-dates-for-first-quarter-2024-earnings-release-8knahh4h8utd.html

ahulme Posted - 2 days ago

$SACH ER is 05/13… looking for good news…

Justtouchit Posted - 1 week ago

$SACH does this pay monthly or quarterly 🤔

ahulme Posted - 1 week ago

$SACH every time this dips I am buying… just will have to shave this back down to size when this settles…

Crazyjoeybob Posted - 04/30/24

$SACH so nice to get these prices ! Keep it going down !

thailandmonger Posted - 04/30/24

$SACH At 3.11, it is 32.97% discount from a month ago (4.64). When do you plan on buying?

svb64 Posted - 04/26/24

$SACH added a couple hundred at 3.15 yesterday for dividend. Loss reserves and higher rates probably not good for the short term flip loans they provide.

thailandmonger Posted - 04/25/24

$SACH It's amazing how people were chasing this when it rocketed past $4 last month and now it has sat at 3.14-3.18 for about 2 weeks now. I bought a ton at a 3.16 average and couldn't feel better about it.

oneyd2go Posted - 04/25/24

$SACH was the div paid on 4/16? I bought on 4/8 but didn't get the div?

GLPTech Posted - 04/23/24

$SACH pretty much vacuum 100 blocks at $3. Any options trades I hit, profits rolled here. Added.

SKOL_BTC Posted - 04/22/24

@Crazyjoeybob Agree, big fan of $SACH

Crazyjoeybob Posted - 04/22/24

$SACH I would say big $$ to be made buying at these levels!

Avocado_smash Posted - 04/20/24

$NLY $TRIN $MRCC $RC $SACH

thailandmonger Posted - 04/19/24

$SACH Last 2 weeks it just would not go under that 3.14 mark. This always gives plenty of time to load up. Should start taking off next week. Same pattern last year when we went to 3.00 for 3 straight days.

oneyd2go Posted - 04/17/24

$SACH this sector is just waiting for confirmation of a rate cut and it may have to wait longer but it will come.

thailandmonger Posted - 04/16/24

$SACH You win some, you lose some. 3.16 order just made it by less than a penny this morning but my $DPG order at 8.73 missed by less than a penny. We'll keep trying! Happy to complete my $SACH buying though.

ahulme Posted - 04/14/24

@thailandmonger I have $SACH and $TCPC

thailandmonger Posted - 04/12/24

$SACH Even though it's been a great year so far, there have been some "fist pounding" buys recently away from tech and oil. $SACH $3.14 $TCPC Under $10 $VICI Near $28 $GLPI Near $43 Until the next trip to Thailand, my retired days are spent scouring the stock board for the next bargain.

thailandmonger Posted - 04/11/24

$SACH They gobbled up that 3.14 as soon as the morning bell rang. So happy that I jumped yesterday. Come back to 3.14 and I'll jump again.

ahulme Posted - 04/11/24

$SACH my adds were 3.16, 3.17, 3.22… the lots bought over those were shaved off… still holding 3.01 CB average since 05/23… LTH for divvy’s

thailandmonger Posted - 1 month ago

$SACH It stared at you for the entire last hour at 3.15. That is 32.11% discount from the top of 3 weeks ago. If you didn't buy today, when are you going to buy? I'm in at 3.16 average which is almost touching a 14% yield if it stays at 11 cents. My cannon is still loaded if it drops tomorrow.

ACsovereigntony Posted - 1 month ago

$SACH bought more shares at 3.16

cstrick1980 Posted - 1 month ago

$SACH Down over 30% since it's high a week ago. This is an insane drop in price. Shorts must be pounding on this one.

R3_4_ME Posted - 1 month ago

$SACH let's not forget that little gem with its 10% dividend is also at a PE of under SEVEN.