This preferred stock has been in our “overpriced” range for a long time. They declined from an absurd level of about $26.30 to trade at $25.62. Liquidity isn’t great for these shares, which is part of the reason the price occasionally spikes wildly. Buy-and-hold investors, please stay out of the water.
We have a unique buying opportunity for traders from Invesco Mortgage Capital’s (IVR) preferred share: IVR-A (IVR.PA). For anyone who is not willing to trade shares on a 1% capital gain, we are only assigning a neutral rating on IVR-A. As you will see, this trading idea is entirely built around a short-term capital gain. Most of The REIT Forum's investment ideas are designed for longer holding periods. This is a very unique situation.
Source: Seeking Alpha
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Shark Sees Rare 7.64% Yield Buy From Invesco Mortgage Capital's Preferred Share
Posted by D4L | Friday, December 06, 2019 | ArticleLinks | 0 comments »________________________________________________________________
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