Seeking Alpha

  ARMOUR Residential REIT, Inc. - NYSE

11/29/2014, 4:44 AM ET
  • Albert Alfonso | Send Message 13 Feb 2013

    Shame on $ARR for doing a secondary while shares are trading under book value. What a way to destroy shareholder wealth.
    Reply (8)
  • View all 8 replies
    • jrbuettner | Send Message 14 Feb 2013
      : I agree with Alfonso, this is over dilution. They better make good use with this new capital and increase their BV asap
    • jrbuettner | Send Message 14 Feb 2013
      : seems to me they are hitting below the belt with this quick offering, I haven't heard much warning.
      ARR vs. ETF Alternatives
      Company Description
      ARMOUR Residential REIT Inc invests in and manages a leveraged portfolio of residential mortgage backed securities. The Company is externally managed by ARMOUR Residential Management LLC, pursuant to a management agreement.
      Sector: Financial
      Country: United States