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just sold out of
@ 15.82 cost basis is about 16.20, so a loss of 2.5%. bought in dec 2011.
increase was poor compared to other Mriets. better vaule out there. net interest margin of 1 times leverage of of 7 equals 7% yield.
was trading @ 17.50 pre div. should have sold out there.
looks like i avoided a 4% decline today.
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Annaly Capital Management, Inc.
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