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Stocks W / Walter Investment Co.

URL:  http://boards.fool.com/wac-29403148.aspx

Subject:  wac Date:  7/8/2011  2:52 PM
Author:  cdcbuzz Number:  2 of 2

.Since they have announced that they would lower/drop the dividend (didn't pay one last qtr.) and no longer be a REIT, they are now a pure growth play. The street seems to like them now that the dividend seekers have bailed at $16 to $20. Since they haven't announced earnings for last quarter, how do you figure their P/E? With no dividend and unknown earnings, does acquiring Greentree make in worth 23/24$?
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