Seeking Alpha
View as an RSS Feed

MobilePreacher  

View MobilePreacher's Comments BY TICKER:
Latest  |  Highest rated
  • Just 4 Words To Describe American Capital Agency [View article]
    while this is correct, a better security to do this with would be CMO PRE which trades at a discount to par
    May 1, 2015. 11:23 AM | 3 Likes Like |Link to Comment
  • Just 4 Words To Describe American Capital Agency [View article]
    CMO PRE is a much better deal right now than any AGNC preferred in my opinion, based on those metrics you just used.
    May 1, 2015. 10:30 AM | 1 Like Like |Link to Comment
  • Just 4 Words To Describe American Capital Agency [View article]
    evaluating the preferred doesnt really need an article. It is basically an open ended bond trading at a pretty hefty premium.
    May 1, 2015. 09:41 AM | 1 Like Like |Link to Comment
  • Just 4 Words To Describe American Capital Agency [View article]
    NoMore, he is def not an idiot. he is a very smart man. Fraud may be a bit strong, but for sure there is a lack of integrity in how he communicates to shareholders and how they report earnings. Kain is flashy but he is not reliable
    May 1, 2015. 09:01 AM | 3 Likes Like |Link to Comment
  • Just 4 Words To Describe American Capital Agency [View article]
    i know you asked Brad, but i would like to weigh in on AGNCP... they are overpriced, trading above par value.
    May 1, 2015. 09:00 AM | 3 Likes Like |Link to Comment
  • Just 4 Words To Describe American Capital Agency [View article]
    Quarter after quarter AGNC shocks shareholders, either with moves that shareholders are surprised by that they deem to be "brilliant", like buying shares of other mREITS, or by earnings that disappoint. To me, the key to an income based investement is that you DON'T want surprises. You want predictability. That is why (CMO) is the superior security in this sector, and its not even close.
    May 1, 2015. 08:11 AM | 11 Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    Qniform, you are correct, but this is series E, so there is a history. But your point is well taken. Either way, we are ok with holding them. Thanks for keeping me in check!!!!
    Apr 30, 2015. 03:23 PM | Likes Like |Link to Comment
  • Capstead Mortgage: Reality Versus Expectations [View article]
    We are in agreement. contrary to popular opinion, CMO is the class of the sector
    Apr 30, 2015. 01:26 PM | 2 Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    hey Joe, no i do not. Its a closed end preferred security. when you invest in those you have to think like bonds. The duration is 2018. We feel 100% confident that CMO will be around in 2018 when those preferred shares mature and are liquidated at $25 par value. In fact i hope the low volume results in buying opportunities around 22 bucks again
    Apr 30, 2015. 12:58 PM | Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    very safe for 2015... and if rates rise slowly they could increase it
    Apr 30, 2015. 09:16 AM | Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    the damage is done
    Apr 30, 2015. 08:48 AM | Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    i wish i had 100 shares of (CMO) for everytime i have heard someone say that about (AGNC)
    Apr 29, 2015. 08:59 PM | Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    Logical, i would suggest you arent very familiar with CMO's business model. The earnings were actually pretty darn good. AGNC could learn a few things about risk management fro Andrew and company at (CMO)
    Apr 29, 2015. 08:26 PM | Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    many of us have been saying that for a couple years, while be derided and chided for our lack of confidence in him. Borrowing short to buy long duration is a bad business model in the long run
    Apr 29, 2015. 08:29 AM | 3 Likes Like |Link to Comment
  • Coming To Terms With American Capital Agency [View article]
    well logical, i guess we shall see today huh? Its possible for sure. But since we are 80% in the CMO preferred i am less worried about earnings than i would have been a year ago
    Apr 29, 2015. 08:27 AM | Likes Like |Link to Comment
COMMENTS STATS
525 Comments
362 Likes