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MobilePreacher  

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  • Annaly Has Bottomed: Multiple Reasons To Run For The Hills [View article]
    it is not a sham article. you can disagree with it... but Brad's opinion is a reasonable one.
    Jan 16, 2014. 07:38 AM | 29 Likes Like |Link to Comment
  • Annaly Has Bottomed: Multiple Reasons To Run For The Hills [View article]
    did you read the article? He is not saying you should buy NLY just fyi... he is saying run for the hills.
    Jan 16, 2014. 07:09 AM | 25 Likes Like |Link to Comment
  • Annaly Has Bottomed: Multiple Reasons To Run For The Hills [View article]
    news for your, everybody is trying to sell something... period.
    Jan 16, 2014. 10:14 AM | 16 Likes Like |Link to Comment
  • Wells Fargo pulls the plug on mortgage REITs [View news story]
    Stupid money will sell (CMO) along with the others that they downgraded. These analaysts clearly dont understand what CMO is. Buy the dip people... buy the dip
    Jan 12, 2015. 10:07 AM | 7 Likes Like |Link to Comment
  • Annaly Has Bottomed: Multiple Reasons To Run For The Hills [View article]
    Brad, many of your conclusions may be applicable to AGNC as well. Prepare for haters to start hatin'
    Jan 16, 2014. 07:09 AM | 7 Likes Like |Link to Comment
  • More on the Wunderlich downgrade of the mREITs (REM +1.2%), (MORT +1.3%): The "lack of liquidity reached crisis levels" on Friday, says the team. "Price discovery has become a very uncertain process and we believe there is a risk that some entity - be it a mREIT or a hedge fund - could fail to meet margin requirements ... while we hope to be wrong in this case, equity investors need to be mindful of the potential downside scenarios." [View news story]
    what? Lack of liquidity in what? MBS's? and if so what duration? What exactly was the crisis level? Come on Wunderlich, you are supposed to be professionals.
    Jul 8, 2013. 03:45 PM | 7 Likes Like |Link to Comment
  • Should An Intelligent REIT Investor Buy CapStead Mortgage? [View article]
    Just a little research would have saved you embarrassment about the history of CMO's earnings, dividends, etc... you should know that CMO completely changed their strategy a few years ago. Also your article is rife with simple misunderstandings of what CMO is... this is really a terrible article. I am amazed sometimes at what Seeking Alpha allows to be published anymore. But hey its America, everyone is entitled to their opinion
    Mar 25, 2014. 07:09 AM | 6 Likes Like |Link to Comment
  • At A Decade-Long Low, Annaly Capital Management May Be A Buy [View article]
    NLY is getting so cheap... even I am thinking about buying some lol
    Dec 17, 2013. 06:43 AM | 6 Likes Like |Link to Comment
  • The Mortgage REIT Business Doesn't Work ... [View article]
    your article totally ignores the idea of adjustable rate strategies.
    Jun 14, 2013. 01:24 PM | 6 Likes Like |Link to Comment
  • Don't Compromise Your Conviction For Dividends-A-Plenty [View article]
    This might be one of the worst articles i have read on CMO to date
    Jul 26, 2013. 10:11 AM | 5 Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    ok back in the office... let me clarify the share selling program CMO uses that is totally different from i think every other mREIT in the market... CMO doesn't issue shares at a price all at once and whack the share holder 2% or more in a day. CMO periodically files for shares to be sold through their at the market program. They sell shares in small amounts at market prices when the price is prudent... I have had many conversations with management and this topic was one of them. They dont sell shares when CMO is trading below book value by any meaningful amount. They do sell shares when CMO trades at a premium to book. This filing will probably be in place for more than a year depending on share price and market conditions. I do understand the concern, but it cannot be read as many other filings by their peers would be read. IF you would like to delete my other typo riddled posts in which i was using voice to text, please feel free lol
    Mar 10, 2015. 03:15 PM | 4 Likes Like |Link to Comment
  • In The Pursuit Of Dividends: Annaly [View article]
    in small ways... slowly wading in, ready for potential losses, is a strategy i would agree with regarding NLY... pretty good article. Its still risky, but its getting cheap enough that it could be a good strategy, In reality I would start the process by mixing half and half with some of the NLY preferred shares. I do not however, feel the same however about AGNC, that one is still an interest rate casino. Good article.
    Jan 22, 2014. 08:00 AM | 4 Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    i had typos cause i was responding using voice to text. lol "Password to use a may or may not tell all these years" was supposed to read, Management may or may not sell all these shares"
    Mar 10, 2015. 02:07 PM | 3 Likes Like |Link to Comment
  • American Capital Now A Cash Cow As A Monthly Dividend Payer [View article]
    changing a dividend to once a month from once per quarter has nothing to do with fundamentals. Its a marketing ploy in my opinion. AGNC has had a problem with transparency, so the recent announcement of monthly book value and dividend was just that... public relations. in my opinion. However, at these prices its possible AGNC is a good addition to a portfolio
    Oct 8, 2014. 02:07 PM | 3 Likes Like |Link to Comment
  • Annaly Has Bottomed: Multiple Reasons To Run For The Hills [View article]
    i think the issue would be current assets that were purchased at lower rates... depending on how many of those assets have been sold or rolled over, there is clearly risk to those assets dropping in price. add in the fact that these assets are bought on leverage and i think that is the concern. Long term fixed rate assets dont get benefit of rising rates since their yields dont adjust upward. and therefore widening spread. In fact, if short term rates do go up some, the spread would be squeezed if anything. As i said, if they were able to liquidate most of those previous assets then maybe your scenario plays out... but at these levels, borrowing short to buy long term fixed is crazy. We have clearly seen that while these companies might be able to hedge the spread, they have clearly this year been unable to hedge the asset depreciation risk. the outlook for slowly rising rates would favor mREITS that focus on short term adjustable rate instruments like CMO... those that focus on long term fixed rate assets are the ones that take significant book value hits.
    Jan 16, 2014. 07:41 AM | 3 Likes Like |Link to Comment
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491 Comments
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