Home › Forums › Housing › Mortgage Backed Securities › Here’s another clunker, ECC
Here’s another clunker, ECC Capital, a REIT. Not paying its dividend this qtr and getting crushed. Around $7 this past July now down to $1.30. Losing 31% today.
http://yahoo.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?storyID=urn:newsml:reuters.com:20060227:MTFH04513_2006-02-27_12-29-36_N27342788&symbol=ECR.N
This could get ugly in a hurry…