Seeking Alpha

A happy ending looks to be in store for Capstead Mortgage (CMO) investors today, as the stock...

A happy ending looks to be in store for Capstead Mortgage (CMO) investors today, as the stock moves into positive territory after earlier tumbling 7.5% in minutes for no apparent reason.
Comments (4)
  • The S.E.C. should investigate the flash drop in CMO today and the very similar Flash Drop in AGNC in the beginning of August. I smell a rat in both of these situations.
    2 Oct 2012, 03:55 PM Reply Like
  • i agree. I lost money in the AGNC drop and was very frustrated. I decided not to play their game today with CMO, and was able to add some. it can be very frustrating
    2 Oct 2012, 08:22 PM Reply Like
  • Look at the 4 year chart for CMO. Similar drops on the chart including a major one in May, 2010. The candlestick pattern is called a hammer. Yes, the stock was hammered and bounced back.

     

    Someone on Seeking Alpha must be able to shed more light on the trading activity for CMO.
    3 Oct 2012, 08:58 AM Reply Like
  • somebody has been agressively selling CMO for about a week since the ex date.
    4 Oct 2012, 08:29 AM Reply Like
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