I am still seeing a lot of the mortgage REITs on the list. Many of the companies in this space have already taken some good lumps (and my bet is they will continue to do so). As usual, I am only including new stocks or funds hitting the volume off the high screens. That said, the mortgage REITs experienced a flash crash of sorts in today's trading.
Adcare Health Systems- ADK is showing signs of distribution. Most recent news is that the company is selling facilities in Ohio.
Exact Sciences- EXAS is down after getting mentioned by Barrons as speculative play on colon cancer detection and a downgrade by Wedbush
American Capital Mortgage Invement- MTGE- I will let you guess what space this company is in. It is interesting that is so late to the game.
Pimco Corporate Income Strategy- PCN is yet another closed-end fund taking it on the chin.
Two Harbors Investment- TWO. The name might not give it away but it is yet another late comer to the mortgage REIT downsizing party.
Invesco Van Kampen Muni Trust- VKQ is yet another closed-end fund selling off.
Adcare Health Systems- ADK is showing signs of distribution. Most recent news is that the company is selling facilities in Ohio.
Exact Sciences- EXAS is down after getting mentioned by Barrons as speculative play on colon cancer detection and a downgrade by Wedbush
Pimco Corporate Income Strategy- PCN is yet another closed-end fund taking it on the chin.
Two Harbors Investment- TWO. The name might not give it away but it is yet another late comer to the mortgage REIT downsizing party.
Invesco Van Kampen Muni Trust- VKQ is yet another closed-end fund selling off.
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