Goldbug100 - Resource Capital Corp. Resource (NYSE: RSO ) increased holding by 60%

at $5.2982 a share

RSO

17:32 BST

5.33

0.07

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We have been watching the share price for several days now hoping that it would move back to $5.00 but it has not. We seriously considered "averaging out" when markets plunged and the price dived to $4.54 (8 Aug 2011) but on that day everyone was predicting that markets could fall another 20% if my memory is correct. The 200 day average is $6.35 a little below our average out price of $6.4069

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Yahoo finance gives it´s 52 week target estimate $6.00 and it´s Dividend & Yield:1.00 (19.40%)

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Resource Capital Corp.
712 Fifth Avenue
12th Floor
New York, NY 10019
United States - Map
Phone: 212-506-3899
Fax: 212-245-6372
Website: http://www.resourcecapitalcorp.com

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Business Summary

Resource Capital Corp. operates as a specialty finance company that focuses primarily on commercial real estate and commercial finance in the United States. The company’s commercial real estate-related investments include first mortgage loans, first priority interests in first mortgage real estate loans, subordinate interests in first mortgage real estate loans, mezzanine loans, and commercial mortgage-backed securities. It also invests in commercial finance assets, including senior secured corporate loans, other asset-backed securities, equipment leases and notes, trust preferred securities, and debt tranches of collateralized debt and loan obligations. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it is not subject to federal corporate income tax to the extent that it distributes 90% of its REIT taxable income. The company was founded in 2005 and is based in New York, New York.

If politicians and the media would stop talking about negative news then stock markets could move upwards and with it worldwide economies improving. Remember your voters pensions are invested in financial instruments and with all your negativity you are not helping their pensions.

"Shut up or get out"