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  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    their duration risk is about 60-90 days after hedging, in reality moderately rising rate environment is good for CMO.
    Mar 16, 2015. 12:17 PM | Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    thanks for the concern and the well wishes, but we are pretty well familiar with the company, its book, its management, and its strategy going forward. Are there pressures in the mREIT sector in the current possible rising rate environment? OF course. But of all the mREITS, CMO is built for this moreso than anyone else. You can read some of my past articles on CMO if you want, but its a company we are intimately familiar with.
    Mar 16, 2015. 07:55 AM | Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    i have read your post about 8 times and just shook my head in disbelief each time lol
    Mar 14, 2015. 07:56 AM | Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    alot of what you said is true. however a lot of the big banks are leveraged more than 25-1. also remember CMO is a short duration ARM mREIT. after hedges their duration risk is 90 days or less. so in reality rising rates are good for CMO as long as asset rates rise along with the borrowing rates. income would increase. this however is not the case with most fixed rate long duration or long duration ARM mREITS, which is essentially everyone else in the sector.
    Mar 14, 2015. 07:55 AM | Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    today was not an ouch day by any stretch of the imagination. Over the next 9 months CMO will slowly make its way back to book value.
    Mar 12, 2015. 04:35 PM | Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    wow. COBeeMan and MobilePreacher agree on something. Holy cow! The world may end tomorrow!
    Mar 12, 2015. 04:32 PM | 1 Like Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    the way they could buy shares back is to raise cash by selling some of their portfolio, but in doing so would also decrease their income.
    Mar 12, 2015. 08:14 AM | 1 Like Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    FYI, I do agree with the author, that i expect a .02 cut in the dividend of the common to .32 for 2015
    Mar 12, 2015. 06:47 AM | Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    In all fairness, Chris does some good work, and the money these guys make from writing articles really isnt that much, the just love writing which is cool. As for this article, its clear Chris didnt understand how the company operates its share selling program. In reality only someone very familiar with CMO would.
    Mar 11, 2015. 08:27 PM | 1 Like Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    fi-slut, you do understand its a completely diff company with completely diff management and completely diff risk profile now right?
    Mar 10, 2015. 08:05 PM | 1 Like Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    It does seem that several of you have affirmed what I posted this filing means nothing it is for future sales of shares at the opportune time
    Mar 10, 2015. 05:05 PM | 1 Like 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
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    Sorry again because I'm posting voice to text
    Mar 10, 2015. 02:16 PM | Likes Like |Link to Comment
  • Capstead Mortgage: Why Isn't Anyone Talking About This? [View article]
    Jessica cómo file a shelf does not mean they're going to sell the shares. They just put it there so they have the option to sell this year they do this periodically because they have been at the market here selling program unlike most other companies in the sector
    Mar 10, 2015. 02:15 PM | 2 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
More on CMO by MobilePreacher
COMMENTS STATS
491 Comments
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