Ready Capital: Value Destruction Proceeds On Schedule
Source: SeekingAlpha
2025-11-12 12:50:18 ET
We came close a few times, but ultimately, we never gave Ready Capital ( RC ) a single buy rating. In investing, it is always better to be lucky than to be good, and we were fortunate to dodge this hurricane all the way through. But if there was one small piece of analysis that helped us stay on track, it was this. Predicting where book value is one quarter ahead, is absolutely irrelevant in trading class A value destroyers . That is exactly why in our last piece we came away with a desire to not own RC, but also its secondary securities. ...
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Ready Capital: Value Destruction Proceeds On Schedule
Ready Capital Corporation 5.75% Senior Notes due 2026
NASDAQ: RCC
RCC Trading
0.05% G/L:
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20,199 Volume:
$25.04 Open:
