PavlovianContrarian
Nov 13, 3:28 PM
$ABR Added series D pref. today. The common still has the largest upside though. I have no fear that things will not recover after taking a deep dive into the numbers. People seem to forget, that when a loans is not performing, they still own the underlying asset, and can recover the vast majority of the value on these, and so far they are are still only a small part of the loan book. I see the common at 10 + within a few years.
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