Trez Capital Mortgage Investment Corporation Class A Shares T.TZZ

Obviuosly the company is buying

[wdr2]

2.5 thousand share traded and up .18 .Creating and artificial price.
wdr2

[Tad]

This post has been removed in accordance with Community Policy

[wdr2]

And a month ago management said they would" NOT" but shares.Hmmm so do you trust a CEO that says one thing one month and do's exactly the opposite the next. wdr2

[jamesf666]

ok, so now we know WDR2 is an idiot. The price went down to such a low price that management had to step in with a buy-back because it is the right thing to do.  I'm happy to have bought a lot under $7 and the stock is up 9% in a month, plus the dividend. My contact to the company said there is good things going on and trez management is very motivated to fix the share price.

[wdr2]

So who's the idiot now Mr. Smart guy jamesf666.Guess what ,if management desides to buy shares that's less cash given out monthly to YOU the shareholder.Think about that genius. wdr2

[eInvestor99]

I am not following how paying a dividend is better than buying shares for cancellation. The way I understand it, if a company has $1M net worth, and there are $1M shares then the shares are worth $1.00 each. If they use $250K to give everyone a dividend then you get a 25 cent dividend but your shares left over are only worth 75 cents, because the company just spent 1/4 of its net worth. So there