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Ready Capital Corp - 6.50% PRF PERPETUAL USD 25 - Ser E

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About Ready Capital Corp - 6.50% PRF PERPETUAL USD 25 - Ser E

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I staked about 10% of my portfolio on it at $180. I thought it’s P/E was super low for a company with that much talent and AI spend. Should’ve full-ported options like a true regard. But still pretty happy with my returns.
The market is now officially the most overvalued it has ever been (in terms of P/E) surpassing the DotCom bubble.
Maybe, but It won’t go any lower than $47 then it’ll bounce back to $50+ then back to $47.. Been the same shit (roughy) all month and I’ve been scalping it. I woke up and made 10k im cool with that, onto the next one. Basically, if I were playing it again I’d be buying calls right now. Looking for a jump for 52$ by end of next week. E: Grammar
Currently on the golf course and port is G R E E N
The fed is secretly a panican and SEP and dot plot will match the fed funds futures. We will get 6 cuts between now and middle of next year and yields will normalize between 2.5-3% at the fed funds level. This is the bols best case scenario. The recession scenario is labor materially weakens as does inflation and we get jumbo cuts to 0 or 1% along with various forms of Q/e. A market crash, and reset of the financial system before another decade long bubble forms.
Corn P/E is reasonable for a tech stock
Godspeed. I'm not against your play, but you should consider: 1. How WBD CEO David Zaslav already had other intentions to separate the company. 2. The deal might be blocked by the White House. 3. If PSKY credit ratings are downgraded by either Fitch or Moody’s, that'll turn about $16 billion of debt into junk. e: Either one can happen at any moment, likely outside market hours.
The stock is at 25ish P/E. Amazon, Apple, Meta ... 35 P/E or higher, with arguably more headwinds coming their direction as compared to google. I wouldn't think of doing anything but holding or increasing my position until it hits 350.
the p/e is artificially low due to a big one time tax benefit booked in the latter half of last year. it should roll off and normalize the p/e a good deal higher, to my knowledge. it's discussed in the 2024 10k agree though that it's a good investment, whether thru aquisition or not
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