Seeking Alpha
  • Regarded Solutions
    Looks like I am a soothsayer with the NLY downgrade to sell today.....holy moly!
    10/4/12
    Reply (8)
    • Ridolfi: Yep, I baled out this morning. Would like to reenter though once the price bottoms out, wherever that might be...
      10/4/12
    • Regarded Solutions: you should have read my article on the 2nd.
      10/4/12
    • James@: Whew, glad I read the article and made the trade, Thx
      10/4/12
    • Joseph P. Porter: I'm prescient - I dropped NLY weeks ago.
      10/4/12
    • Regarded Solutions: so Joe, you failed to get the dividend.
      10/4/12
    • Joseph P. Porter: Damn!!!
      10/4/12
    • Regarded Solutions: well it was 50 cents and the price was up after that, so depending upon when you bought it, it might have been a good move.
      10/4/12
    • Joseph P. Porter: I sold at a small loss - actually the victim of a stop. I'm holding off putting stops on the reits for the time being, but ya never know.
      10/4/12