A Gripe of mine.
I am not at all happy with the timing of this announcement.
IMO, it should have been announced after closing yesterday, or at least have a pause in trading this morning, to allow investors time to absorb and assess the implications of this document and its effects on NRZ's core business.
I think that at this point in time, it has little relevance with respect to core business.
I also believe that a lot of enthusiastic investors unnecessarily lost a lot of capital today, although maybe only on paper. They should be rightly angry.
Not Happy, Chaps. J L.
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