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Annaly Capital COO James Fortescue adds 8% to his holdings of company stock, exercising options...

Annaly Capital COO James Fortescue adds 8% to his holdings of company stock, exercising options to purchase 10K shares of NLY for $13.25.
Comments (11)
  • Ariel Aharonovich
    , contributor
    Comments (433) | Send Message
     
    Always encouraging to see insiders loading up shares, especially when the stock is the spotlight
    8 Nov 2012, 12:55 PM Reply Like
  • TwistTie
    , contributor
    Comments (2477) | Send Message
     
    I'm in good COOmpany.
    8 Nov 2012, 12:58 PM Reply Like
  • shelbyman
    , contributor
    Comments (29) | Send Message
     
    Nice when you can pick them up at a 10% discount to current pricing. Who knows if he'll dump them for the profit.
    8 Nov 2012, 01:32 PM Reply Like
  • ScooterSC
    , contributor
    Comments (30) | Send Message
     
    He will sell at 14.75 and buy them back at 10.00. It is, always, good to be on the inside
    8 Nov 2012, 02:15 PM Reply Like
  • cheapchuck
    , contributor
    Comments (5) | Send Message
     
    Pretty soon we can all buy at $13.25 !!
    8 Nov 2012, 04:51 PM Reply Like
  • jimdake
    , contributor
    Comments (2) | Send Message
     
    Good tax move, by buying when the spread is down to $1 or $1.50 vs about $3 per share he has saved himself a boatload of income tax. And he's in a tax bracket that isn't getting smaller next year anyway.
    8 Nov 2012, 05:14 PM Reply Like
  • mekvin keltz
    , contributor
    Comment (1) | Send Message
     
    Nothing is forever!
    8 Nov 2012, 05:22 PM Reply Like
  • SERVANT22
    , contributor
    Comments (7) | Send Message
     
    Annaly should reign supreme over the MBS market.With their experienced proven management team and track record they should soar like eagles over the bounty of opportunities available to them.Their competition should bow at their feet.They have risen above folly and dishonesty with their disciplined conservative investment protocol.Integrity and dignity shall lead them to loftier heights.Solomon said in the proverb, Proverbs 22:7 "The rich rule over the poor, and the borrower is servant to the lender".Other translations say "The rich rules over the poor, and the borrower is the slave of the lender".If you're not going to pay it back don't borrow it.May Annaly be the head and not the tail,the lender and not the borrower.They should know what they are doing.If they stay sober they will not crash upon the rocks.They should sell all their nonproductive toxic assets.Purchase excellent,quality,prem... AAA investment grade holdings and position themselves to please their investors and fatten the garners of their capital. They should send plenty of work and opportunity to their repo associates.They should bundle and pool,securitizing refi mortgages.They should have a department devoted to refi mortgages and their bundling into securitys.If refinancing mortgages(refi) is a threat then opportunize off it.A threat is an opponent.Turn your opponents weight against him.They should have their hand in every aspect of the housing market.Building,market... repo,and rental and property management.May they have just begun to see their greatness.
    8 Nov 2012, 09:04 PM Reply Like
  • airtogo
    , contributor
    Comments (10) | Send Message
     
    LONG LIVE THE KING.........ANNALY !
    9 Nov 2012, 01:29 AM Reply Like
  • acesfull
    , contributor
    Comments (314) | Send Message
     
    Seems to be a lot of cynicism in the above posts. I hope COO James Fortescue is taking note.
    9 Nov 2012, 07:21 AM Reply Like
  • Richard Waldren
    , contributor
    Comments (221) | Send Message
     
    SERVANT22, I LIKES your style.
    11 Nov 2012, 01:22 AM Reply Like
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