Seeking Alpha

Watercayman

Watercayman
Send Message
View as an RSS Feed
View Watercayman's Comments BY TICKER:
Latest  |  Highest rated
  • Medley Capital: BDC Risk Profiles [View article]
    Greatly appreciate these articles. MCC looks like a solidly run group, and I like the risk / benefit profile you've highlighted. Might be time for me to open a position in this BDC.
    Sep 9, 2014. 09:02 AM | 1 Like Like |Link to Comment
  • Panicky selling grips the mortgage REITs (REM -3.5%) as Treasury yields soar following the payroll report. American Capital (AGNC -6.9%), (MTGE -5%), Annaly (NLY -6.9%) Chimera (CIM -4.9%), Armour (ARR -3.9%), Invesco (IVR -2.7%), CYS Investments (CYS -3%). CYS' Kevin Grant was public a month ago about being a happy buyer as yields rose - a bit early on that call. [View news story]
    I sold my last mREITs this morning. Sadly, my timing was perfect... to only lose money, as I came in to this game in April.

    While I agree that there are many factors involved in the pricing, the current perception on just about any news is pressuring the prices only downward. I just don't see any catalyst to change this. I'd love to 'buy the dip', but it seems that the next dip which comes from just about any news, is going to take my buy-in price and hammer it.

    At least I got out first thing this morning before they really cratered. I love the idea here, but my stomach can't take this anymore.
    Jul 5, 2013. 10:29 AM | 1 Like Like |Link to Comment
  • A $234 Million Company Worth $0: Short Biozoom [View article]
    Ashraf,

    Thank you for this article. Great timing, as I was caught up on the hype on this thing just a few days ago. A real life Star Trek Tricorder? Sign me up! I've been waiting for medical advances like this for a long time.

    But then, like you, I read a little deeper into the press release, and then tried to find some (any) fundamentals behind the company. And came up with nothing -- not as deep as your analysis, but the same outcome: Pure PR, no substance.

    Thanks again for your helpful work.
    Jun 21, 2013. 12:07 PM | Likes Like |Link to Comment
  • mREITs Buyers Beware, Economic Data Threatens The Rally [View article]
    I agree CYS should have solid BV based on their reserves... but I believe they Increased dividend by 6%, not maintained as stated in the article.
    Jun 14, 2013. 09:30 AM | 1 Like Like |Link to Comment
  • The rumored Hilsenrath "tapering" story - originally expected to come out late Thursday - instead came out after yesterday's market close. It's mostly a summary of what's already known - that Fed officials plan to reduce asset purchases in steps, the timing of which is still being debated. The article leans heavily on Richard Fisher and Charles Plosser, two well-known hawks (and non-voters on the FOMC this year) who would have already tightened if it was up to them. A number of Fed speakers - including Bernanke - are set to speak next week. [View news story]
    I agree with this. Looking at mREITs now, as the low interest rates should continue for a while, and the biggest competitor in history (FED) will soon reduce its competitive buying. REITs should likely have a window to profit well here.
    May 11, 2013. 09:19 PM | Likes Like |Link to Comment
  • The rumored Hilsenrath "tapering" story - originally expected to come out late Thursday - instead came out after yesterday's market close. It's mostly a summary of what's already known - that Fed officials plan to reduce asset purchases in steps, the timing of which is still being debated. The article leans heavily on Richard Fisher and Charles Plosser, two well-known hawks (and non-voters on the FOMC this year) who would have already tightened if it was up to them. A number of Fed speakers - including Bernanke - are set to speak next week. [View news story]
    "The article leans heavily on Richard Fisher and Charles Plosser, two well-known hawks (and non-voters on the FOMC this year) who would have already tightened if it was up to them."

    Very important detail. Of course Fed spending will slow down at some point, but to suggest anything is in play in this or the next quarter based on these sources is not great journalism by WSJ. They've been saying much the same for a long time.
    May 11, 2013. 09:18 PM | Likes Like |Link to Comment
  • 4 Stellar High Dividend Paying Stocks For 2013 [View article]
    I believe Prospect has already released earnings - and missed by $0.05.
    May 7, 2013. 09:06 AM | Likes Like |Link to Comment
  • Dramatic Drop In April CPR Makes 10.4% Dividend Payer CYS Investments A Buy [View article]
    Appreciate the article -- shows a potentially great future for CYS, and highlights the details as to what may help it to grow.
    Apr 24, 2013. 01:35 PM | Likes Like |Link to Comment
COMMENTS STATS
8 Comments
3 Likes