Seeking Alpha
  • Ocean Man
    On the mREIT strength today I exited ARI (-0.5%), ABR (-2.5%), NYMT (-3%), and WMC (+0.1%). Playing the bounce off a secondary drop works if
    10/17/12
    Reply (6)
    • Ocean Man: everything is normal and just floating between dividend payments, but the swings are too wide now due to other forces in the mREIT world.
      10/17/12
    • Ocean Man: I watched a couple of these drop more than 7% in one day, and then capture most of that back. I'm not interested in that kind of volatility.
      10/17/12
    • Ocean Man: I'm sticking with EFC and NCT because I believe in those 2 for other reasons than just recovering a secondary drop, and both recently
      10/17/12
    • Ocean Man: increased their dividends (and EFC trades well below book value). Also hold SLRC and HTGC in the BDC sector, and I'm keeping STWD.
      10/17/12
    • fire0nice228: Thanks OM, i'm still holding NCT with you.
      10/17/12
    • Clayton Rulli: Nice I have some SLRC too. HIgh fives
      10/17/12