Trade Alert By Scott Kennedy 4/15/2024

Scott Kennedy provided a trade alert today.

Quick Note from Scott below:

Hi subscribers, quick trade alert as I have a free few minutes. Today, I increased my position in MITT-C at a weighted average purchase price of $23.42 per share. Simply put, MITT-C "crept into" our UNDERVALUED/BUY recommendation range intra-day and I wanted to build my position a bit more. MITT-C has their large upcoming change to floating rate occurring in September 2024 (less than 6 months away) and there is the possibility of a partial/full call. As such, I continue to believe the current price is a "win-win" situation. Shareholders get a notable increase in quarterly dividends or will receive a nice realized gain with a potential future call. I'm merely disclosing my personal trade today. I hope this helps with subscribers' assessments/strategies.