Exantas Capital Corp. (XAN) Social Stream

Featured Post From StockTwits About XAN

$XAN These Waterheads decided in December they were going to cut all the preferred stock holds a 25% percent dividend per share. Or .53 cents per share. All the retail investors that kept this thing from hitting the ground, they just lost 25% of your share value with their recent big brained idea. They have made money in this market, so why would they not give dividends to the share holders like a REIT is suppose to? They saw an opportunity to be able to steal retail investors money and funnel it to their investor friends. They had all their board members front and center, now its hidden. I see this breaking $10.00 this week and then it's going to free fall, no buying value to keep this turd floating.