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The mortgage REIT (REM -3%) slips amid a 10% dive in Hatteras Financial following a big decline...

The mortgage REIT (REM -3%) slips amid a 10% dive in Hatteras Financial following a big decline in its book value. Other ARMs players CYS Investments (CYS -2.2%) and Anworth Mortgage (ANH -2.9%) don't take it as hard, but CYS (which reported last week) already trades at a substantial discount to book and Anworth likely does. Others: Annaly (NLY -2.8%), Armour (ARR -2.4%), Invesco (IVR -2.5%), MFA Financial (MFA -4.1%), Dynex (DX -3.4%), Western Asset (WMC -3.8%).
Comments (18)
  • pagreen1966
    , contributor
    Comments (573) | Send Message
     
    Time to get greedy again!!
    24 Jul 2013, 10:44 AM Reply Like
  • gl2238
    , contributor
    Comments (8) | Send Message
     
    Odd, because one of a sector goes sour, the crowd thinks all in the sector are bad without checking the books? Why wasn't AGNC included in the listing? Bottom feeding might be in order for this sector.
    24 Jul 2013, 10:46 AM Reply Like
  • Invester Newb
    , contributor
    Comments (87) | Send Message
     
    Aren't book value declines baked in by now? Everyone was expecting this, hence the big drop we've seen recently.
    24 Jul 2013, 10:49 AM Reply Like
  • $lik $ilver
    , contributor
    Comments (187) | Send Message
     
    My thoughts exactly, word for word. No accounting for a foolish blind heard mentality I guess.
    24 Jul 2013, 11:00 AM Reply Like
  • brokerbob
    , contributor
    Comments (17) | Send Message
     
    Go figure, I bought ARR yesterday after reading a RAVE REVIEW on this very same site.
    24 Jul 2013, 11:01 AM Reply Like
  • eltito
    , contributor
    Comments (10) | Send Message
     
    one day they are bullish, the day after they tell you sell sell sell! this is the reason I do my "own" research and go with my "own" decisions!
    24 Jul 2013, 11:35 AM Reply Like
  • Desmodos
    , contributor
    Comments (54) | Send Message
     
    I've only been following Seeking Alpha for a few months and already seen this sort of thing several times, with different stocks. Sometimes a bullish article and a bearish article will be posted on the same stock within hours of each other.
    24 Jul 2013, 12:07 PM Reply Like
  • the pedestrian
    , contributor
    Comments (29) | Send Message
     
    Therefore, Seeking Alpha is not focused on consensus. Sometimes a single article will be both. < Insert Joni Mitchell paraphrase here. >
    24 Jul 2013, 01:39 PM Reply Like
  • boggie777
    , contributor
    Comments (2) | Send Message
     
    I have not figured out how to read the Replys, still trying to figure it out.
    24 Jul 2013, 08:18 PM Reply Like
  • Pinkrabbit
    , contributor
    Comments (185) | Send Message
     
    Who's leading the herd? Institutions or individual investors?
    24 Jul 2013, 11:03 AM Reply Like
  • $lik $ilver
    , contributor
    Comments (187) | Send Message
     
    Pre-set COMPUTERS!
    24 Jul 2013, 11:05 AM Reply Like
  • bgiere
    , contributor
    Comments (20) | Send Message
     
    The Seeking Alpha writers get paid for getting readers to the site which boosts advertising revenue for Seeking Alpha. They don't know squat about REITS. They are not analysts, but ordinary guys trying to make a buck off of the rest of us.
    24 Jul 2013, 12:45 PM Reply Like
  • boggie777
    , contributor
    Comments (2) | Send Message
     
    bgiere, you are probably correct, however I read every line and I am ahead in $'s. I own about 8 of these stocks paying from 8% to 22%. I like PSEC and own over 6000 shares, it pays monthly, my first buy was in 2001. I also like NLY and own over 2000 shares. I am about $2 down but have been drawing dividends for years. Good Management. Everyone has to do his own research, and yes its a little riskly. I also have a few dollars drawing 1% @ a local Bank. This makes one think about a little risk. I only buy on dips and 52 week lows. My time is not work much. Guess Who??
    chump
    24 Jul 2013, 08:18 PM Reply Like
  • hummerh25
    , contributor
    Comments (97) | Send Message
     
    ARR $4. or lower.
    24 Jul 2013, 11:08 AM Reply Like
  • Dividend Living
    , contributor
    Comments (251) | Send Message
     
    Its not all HTS, 10 year is up .10% in yield today and 30 year 3.5 FNMA are down .5%
    24 Jul 2013, 11:27 AM Reply Like
  • tstreet
    , contributor
    Comments (560) | Send Message
     
    MREITs have been tracking almost every day with 10 year treasury yield. Yield is way up today. This is the way it is, folks, regardless of the fact that prices for most MREITs are way down.
    24 Jul 2013, 12:12 PM Reply Like
  • Stevlg
    , contributor
    Comments (530) | Send Message
     
    clarity is hard to come by- the constant struggle between facts and opinions. Unlikely the the majority of mREITs will ultimately fail-
    just when to pull the trigger and add or add on. FastGraphs helps,
    as does a weekly long term MACD for help also depending on
    whether one is a DY investor or just even a position trader.
    Most all of the comments are in some degree v. helpful as stimulate
    individual thought processes and due-dil.
    Thanks,
    24 Jul 2013, 01:15 PM Reply Like
  • hummerh25
    , contributor
    Comments (97) | Send Message
     
    AGNC, Earning $2.38 and paying $4.20 dividend can't go on to long before the stock is cut in half.
    24 Jul 2013, 02:08 PM Reply Like
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