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  • Armour Residential cuts monthly payout by 28.5%. [View news story]
    After hours yesterday, ARR took a big dip,but recovered much of it and closed up on the day.
    Sep 19 08:28 AM | Likes Like |Link to Comment
  • Has Armour Residential Become A Value Trap? [View article]
    Yeah, but if you are reinvesting those dividends, you're buying ARR at bargain basement prices.
    Eventually, ARR will work its way out of this, just perhaps a little longer than NLY and AGNC do.
    Sep 8 03:15 PM | Likes Like |Link to Comment
  • Rising Mortgage Rates Makes Annaly Capital A Strong Buy [View article]
    I'm still operating under the assumption that these mREIT guys will adjust to the new realities of higher interest rates over the next months or year or two, and the share prices will regain most, if not all, of what they were.

    And while I'll be averaging down via DRIP, I ought to end up with nice gains. Fortunately, other than my pride getting crushed from not getting out at the highs, the declines of recent months don't affect my ability to pay my bills.
    Aug 20 10:26 AM | 3 Likes Like |Link to Comment
  • Annaly Capital: Several Cautionary Catalysts To Consider Before Establishing A Position [View article]
    But how about those of us who established positions months ago when the Fed's promise of low rates for years made us think we were okay?

    As NLY, AGNC, MTG and others adjust to the new realities, won't share prices regain what they lost? Granted, it won't happen overnight, but at least we will be getting low-priced shares via DRIP while we wait.
    Aug 19 08:48 AM | 4 Likes Like |Link to Comment
  • Excess Cash: What's An Investor To Do? [View article]
    Most of my so-called "excess cash" will go into ETFs like IWM, IWO or TRowePrice's New Horizons fund that seems to track those ETFs. That is, when the market dips again like it did last month.

    I'm tired of trying to out-guess where the market is going, altho I will still try -- just with less money.
    Jul 20 09:35 AM | Likes Like |Link to Comment
  • Bakken Update: EOG, Whiting Well Results Prove Parshall Field More Productive Than The Sanish [View article]
    I also saw the Gulf Oil guy and was surprised that there was almost no reaction from any of the CNBC folks or their guests. I suspect that Gulf is not nearly as important as it was 25 or 30 years ago. If the CEO of Exxon or Chevron made the same comment, I'd be much more worried.

    Also, aren't they able to get better prices for Bakken oil nowadays? Maybe $75 isn't as crushing as it used to be.
    Jul 17 06:30 PM | 1 Like Like |Link to Comment
  • High Yield Names For Every Situation [View article]
    "The company (Linn) is currently under investigation by the SEC," but it really is the much less serious sounding "informal inquiry." Several very recent upgrades on the stock since Linn voluntarily announced the inquiry.
    Jul 8 03:17 PM | 4 Likes Like |Link to Comment
  • Linn Energy: Many Ponzi-Like MLP Blow-Ups To Follow [View article]
    The "investigation?" I think you mean the informal inquiry.
    Jul 5 02:47 PM | 4 Likes Like |Link to Comment
  • Jim Cramer explains his quick turnaround on Linn Energy (LINE -14.1%) after yesterday's rout: "I did like the company, but they're being examined... you can't have even examinations of accounting irregularities... accounting irregularities equals sell." As recently as June 19, Cramer had passionately defended the stock. LNCO -11%[View news story]
    Cramer was not the only one to like Linn, and don't forget that he has a staff behind him.

    I'm holding on to my LINE, LNCO & BRY.
    Jul 5 01:11 PM | 3 Likes Like |Link to Comment
  • Linn Energy: How Low Can It Go? [View article]
    Even bankrupt companies have assets that are worth something.
    Jul 4 12:54 PM | 2 Likes Like |Link to Comment
  • Linn Energy And LinnCo Increase Value To Investors With Monthly Dividends [View article]
    BRY is also a good opportunity.
    Jul 2 12:35 PM | Likes Like |Link to Comment
  • Annaly Capital: Down And Out Or Just Getting Started? [View article]
    With the Fed do its best to tell the markets that there is no imminent tapering, the NLY, AGNC/MTG, ARR people must be scrambling to undo whatever action they took when they thought the sky was falling.
    Jun 27 01:38 PM | Likes Like |Link to Comment
  • American Capital Agency: Impact Of Last Week's Fed Statement On Its MBS Portfolio [View article]
    The market dropped because even the idea of tapering spooked it and they perceived a coming change. Liesman on CNBC did a short piece on Friday quoting dovish comments from Ben's appearance and how the market took it the opposite way. Of course, it's perception, right or wrong, that counts.

    Have you noticed how members of the FOMC have been doing their best in the last couple of days to correct the misperception?
    Jun 25 09:14 AM | 1 Like Like |Link to Comment
  • Confusion From The Fed Has Driven These mREITs Into Bargain Territory [View article]
    Yeah, the time frame was off sometime in the future.
    He said:
    "A premature tightening of monetary policy could lead interest rates to rise temporarily but would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further. Such outcomes tend to be associated with extended periods of lower, not higher, interest rates, as well as poor returns on other assets. Moreover, renewed economic weakness would pose its own risks to financial stability."
    Jun 24 05:21 PM | 1 Like Like |Link to Comment
  • American Capital Agency: Impact Of Last Week's Fed Statement On Its MBS Portfolio [View article]
    I read all these analyses of what Bernanke said and wonder if the analysts were watching the same presentation I was.

    I didn't hear that he said anything very different from before. In fact, he even said that the Fed "is prepared to INCREASE or reduce the pace of its asset purchases..." based on the various criteria it has outlined before.
    Jun 24 10:04 AM | 3 Likes Like |Link to Comment