Patrick Harden
Patrick Harden
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Patrick Harden
$AGNC suffers a nasty hit from its market positioning during Q1. It was bound to happen sooner or later. Dollar roll strategy hurting TI. - View all 0 replies
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Patrick Harden
Newcastle ($NCT) formalizes spinoff of New Residential ($NRZ). Record date May 6, distribution date May 15. - View all 0 replies
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Patrick Harden
Flash crash in shares of new IPO Hannon Armstrong $HASI. Shares dipped as low as $4.50 before recovering to $11.15. - View all 0 replies
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Patrick Harden
$PMT reports $0.90/sh in Q1 GAAP earnings - almost 100% of net income is due to non-cash mark-to-market gains based on PMT model assumptions - View all 0 replies
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Patrick Harden
Net lease REIT craze has swept up Gramercy ($GPT) - shares now trading at 1.33x pro forma book value. Seems lofty. - View all 0 replies
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Patrick Harden
Capital Trust ($BXMT) announces recapitalization - Company will effect reverse split and offer new shares. Currently trading above book. - View all 0 replies
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Patrick Harden
I think $ARCP should win the support of CCPT III shareholders based on solely on their awesome smackdown letter. - View all 2 replies
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Minutemen: This fight is turning out to be as entertaining as the Ali/Foreman "Rumble in the Jungle" match. -
jmodrkrk: I just commented the exact same thing on the actual letter, haha, this is great.
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Patrick Harden
Think $TWO shareholders are somewhat disappointed by the paltry $0.01 dividend from $SBY? Gonna take $SBY a while to ramp up dividend. - View all 1 replies
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DaLatin: I'm ok & share price creeped back up. Didn't close on high,but, aok 4 me.
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DaLatin: They cut. ARR has 3 cuts in a row. or is it 4. From 11 to 7/month. Not hedged agaist rate increases.Good thing Ben will let Yellen hike !
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Michael Terry: Spot on Patrick. The bond like qualities are attractive, but as the REITs get bigger and competition intensifies, watch the cap rates.
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Patrick Harden
Who is buying Altisource Residential $RESI in front of an imminent secondary? Co filed an S-11 to offer shares late Friday. - View all 0 replies
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Patrick Harden
$MFA understates taxable income from 2012-2013. Accounting for non-agency MBS is hard, ask $CIM. - View all 1 replies
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DaLatin: What a bargain CIM turned out to be when that mess drove it under 2 :>) Now NLY paid a fair penny
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Patrick Harden
$NCT offering prospectus notes core earnings to be $0.18-$0.20/share for Q4. Q4 GAAP net income s/b $0.31 - $0.33/share. - View all 0 replies
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Patrick Harden
$AGNC borrowed a trick from $CYS, utilizing forward-settling purchases to generate drop income. But will stock suffer same decline as $CYS? - View all 0 replies
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Patrick Harden
Ready for Countrywide v2.0? Bloomberg: http://bloom.bg/WCwC0j S-1: http://1.usa.gov/Wwur0f Related tickers: $BAC $PMT - View all 0 replies
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Patrick Harden
Expecting an ugly Q4 report from $NLY, but think worst is priced in. Took a small long position this morning. - View all 0 replies
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Patrick Harden
Transformational move by Annaly (NLY) in offering to acquire CreXus (CXS). If only they'd end Chimera's (CIM) misery. - View all 1 replies
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Patrick Harden
PMC Commercial Trust (PMC) fails to find a buyer; ends strategic review. Dividend is going to be cut by 25% to $0.12/share. - View all 0 replies
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Patrick Harden
Huge book value growth at Hatteras - shares trading well under book. HTS would do well to declare a buyback like NLY. - View all 1 replies
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Patrick Harden
CYS delivers solid Q3, with $0.48/share in core earnings. Book value soared to $14.46/share. - View all 0 replies
