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William Packer

 
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  • Mortgage REITs slide as Treasury yields take off [View news story]
    The yields are dropping again.. Look. Buy MTGE right now at $19.50, by days end sell at $19.75.
    Jul 3 10:23 AM | Likes Like |Link to Comment
  • Mortgage REITs slide as Treasury yields take off [View news story]
    Treasury yields are still below the end of the first quarter levels. And back then the stock prices on many of these MREITS were higher. Go figure.
    Jul 3 10:15 AM | 1 Like Like |Link to Comment
  • Mortgage REITs welcome Treasury rally [View news story]
    negative 2.9 GDP is a contraction. if we for some reason contract in q2 then its a recession. although, i doubt q2 will be negative GDP. probably just low like 1.5, maybe 2.5%
    Jul 1 08:57 AM | Likes Like |Link to Comment
  • Mortgage REITs welcome Treasury rally [View news story]
    yields don't have to go up. Look at Europe yields. 1.25 on 10s for Germany now. US yields could easily drop below 2%. 2nd quarter GDP could come in terribly weak, jobs data could start to drop off... US could see recession again this year. fed could be forced to join Europe and increase QE policies to help the economy. Rates could get squeezed lower even more.
    Jun 30 01:22 PM | Likes Like |Link to Comment
  • Mortgage REITs welcome Treasury rally [View news story]
    more like 2.44% by the end of next week. Maybe lower. 2.20% is easy to hit. so is 2%.. all it takes is some bad economic data and more chaos out of IRAQ.
    Jun 26 06:58 PM | 1 Like Like |Link to Comment
  • Prospect adds another lender and $20M to credit facility [View news story]
    yeah, waiting for the stock to drop down to $9.00 before loading up.
    May 31 09:41 PM | Likes Like |Link to Comment
  • Zacks' Bear Of The Day: PennyMac Mortgage [View article]
    big rally in non-agency bonds during May.
    May 30 01:08 PM | 1 Like Like |Link to Comment
  • Zacks' Bear Of The Day: PennyMac Mortgage [View article]
    The company is set to deliver strong returns even if rates rise. Although, rates have fallen a lot since the start of this year. So... draw your own conclusions on how business has been. ; )
    May 30 01:07 PM | Likes Like |Link to Comment
  • Mortgage REITs eye sliding interest rates [View news story]
    Tstreet. Perfect time to short treasuries at 2.42% on 10s.. My thoughts exactly. I am short 4 10 year tsy futures contracts at 125'237 sell average. Also long 30,000 shares WMC.
    May 29 10:45 AM | Likes Like |Link to Comment
  • American Capital Agency's Upcoming Q1 2014 Income Statement Projection - Part 3 [View article]
    rob, he is implying the book value is up by about 0.50. feel free to correct me if i am wrong but that is the way i read it. if agnc book is only $24.40 i will sell. this doesnt take into account active management though.. so he cant possibly know for sure. these are static estimates.
    Apr 22 09:33 PM | 1 Like Like |Link to Comment
  • More than $300M of investments in Q1 for Resource Capital [View news story]
    ffo was 0.14 not 0.12 last quarter.. caused by clo prepayment. not a big deal.. money has been invested again in q1 and FFO for q2 likely 0.20 or 0.22 a share.
    Apr 11 02:31 PM | 3 Likes Like |Link to Comment
  • Mortgage REITs a port in the storm today [View news story]
    if you see my latest posts on stock talks, prior to the friday jobs report.. you will see i made several calls for a stable 10 year. see $mtge stock talks. i did not make comments on wmc because i am not here to hold others hands on seeking alpha. i have met privately with various investors that i assist with financial matters on wmc and the mortgage reit space in the past 3-4 months. i have always adviced to avoid wmc ever since they declared the part cash and part stock dividend. Those investors sold prior to that distribution and reinvested in mtge, two, hts, and chmi. i was not trying to be snotty, i was simply stating that wmc has traded well above book value for sometime. it was certainly no surprise to me and many others who follow the mortgage reit universe that they conducted a public offering.
    Apr 5 05:06 PM | Likes Like |Link to Comment
  • Mortgage REITs a port in the storm today [View news story]
    i knew about it. not gonna lie. wmc has been trading well above book value for some time. anyone with half a brain would have rotated out of wmc long ago.
    Apr 4 07:04 PM | 1 Like Like |Link to Comment
  • American Capital Agency's Mid-Q1 2014 Composition And Valuation Analysis - Part 2 [View article]
    page views. each IP address counts once. some articles deemed alpha rich get a minimum of $500.
    Mar 4 10:35 AM | 2 Likes Like |Link to Comment
  • American Capital Agency Going Into 2014 [View article]
    or you could buy CHMI which is the inverse mortgage reit. as rates rise chmi's book goes up due to the majority of their capital staying in MSR. 0.50 forward quarterly dividends.. last was stub divy. so obviously a solid yield component there as well. it also trades 40 percent less than close competitor $NRZ.
    Feb 28 11:26 AM | Likes Like |Link to Comment
COMMENTS STATS
278 Comments
296 Likes