Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
My search for obscure, potentially money-making stocks led me to Flagstar, and I'm now a stockholder. Somebody must have requested this board and then not posted. Anyhow, looks fairly safe, and dividends...

Watch it plummet now!
Print the post Back To Top
No. of Recommendations: 0
Hmm. Just looking in while on vacation here in Michigan. All I can tell you is that:

a. A P/E of about 4.0 in this sector is a steal

b. Tom Hammond KNOWS how to make money

c. The expected fall in mortgage rates later this year will help FLGS, and

d. I'm in!

Elvis
Print the post Back To Top
No. of Recommendations: 0

It's my understanding that Flagstar preferred pays 9.9%. True? And if so is there a reason why it's so high? (Far be it from me to complain about a too high dividend, but there is usually a reason. Are they in trouble?)

D. Cunningham
Print the post Back To Top
No. of Recommendations: 0
The bank is financially sound and profitable. Preferred stock means just that. Preferrential treatment when it comes to dividends and protection.
Print the post Back To Top
Advertisement