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Post by xray on Apr 14, 2021 14:43:45 GMT
Good Morning....
1... TYG, NTG, RVT, and CEN have a investigation starting with the law form "Barr Law Group"....
2... NRZ is starting a Public Offering of 45,000,000sh "plus" underwriter additional option for 6,750,000sh. NRZ intends to use the proceeds for acquisition of Caliber house Loans + fee's and expenses associated with the purchase. Some of the additional money will be used for general Corporation purposes. If acquisition does not happen, money will go for general corp purposes. The purchase price for the acquisition is expected to be 1.675 billion in cash.... ... Looking at the current insider buying activity, we find that in January, there was 45,000 shares issued in "GRANT" awards. In February, there was three [3] indirect ownership statement [same individual] for the "record", and in March 324,000 shares were again issued as "GRANT" awards....
Disclosure: Some of us have no position in TYG, NTG, RVT or CEN. Some of us have a current phase #1 position [2%-4%] in NRZ [bought initially when it was a penny stock] and have no current intention of buying/selling additional shares of NRZ for the remainder of the 2nd Qtr....
Live Long and Prosper....
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Post by retiredat48 on Apr 14, 2021 15:59:30 GMT
Thanks for info, xray
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Post by xray on Apr 14, 2021 20:12:57 GMT
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Post by xray on Apr 15, 2021 15:05:18 GMT
From Businesswire:
New Residential Investment Corp. (NYSE: NRZ; "New Residential" or the "Company") announced today that it priced its underwritten public offering of 45,000,000 shares of its common stock at a public offering price of $10.10 per share. The offering is expected to close on April 19, 2021, subject to customary closing conditions. In connection with the offering, the Company has granted the underwriters an option for a period of 30 days to purchase up to an additional 6,750,000 shares of common stock.
Comment: MktPrc was 10.75 in early morning trading. With the above news item, we "might" see some additional buying for dollar cost averaging [if/when MktPrc gets into our buy range (<10.00 and back to "Penny Stock" status)]....
Live Long and Prosper....
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