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Old 11-29-2005, 08:52 PM
adios adios is offline
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Join Date: Sep 2002
Posts: 2,298
Default Added Another MREIT

FICC


Fieldstone Board OKs Stock Buyback Program

Warning though, these MREITs are highly leveraged and are risky.

FICC is trading below book value and it's profitable to buy back shares when this is the case. I made a post about this awhile ago showing why this is the case.
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