A real estate investment trust (REIT) whose primary business is investing in real estate loans.
Archives
LEAPS (Long-Term Equity Appreciation Participation Securities)
LEAPS are stock options that have expiration dates that extend beyond one year.
Free Cash Flow
Operating cash flow minus amounts spent on plants and equipment and minus dividends.
Momentum Analysis
Usually involves looking for stocks in a strong uptrend (high relative strength), strong earnings growth, and increasing earnings forecasts. In today’s market, may include relative strength only.
Cash & Cash Equivalents
Cash in bank and all securities that can readily be converted to cash within three months or less.
Most Recent Quarter (MRQ)
As of the last date of the last reported fiscal quarter.
Leveraged Buy Out
Take over of a public corporation using borrowed funds.
Freeze
An interruption in trading on a stock, triggered when an order violates parameters set by TSX.
Momentum Stocks
Companies currently in favor by investors (price/sales greater than 10, price/earnings greater than 35 or so).
Cash Dividend / Distribution
A dividend/distribution that is paid in cash.