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kingdad

kingdad
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  • Individual Quarter Results May Vary But Medium-To-Long Term Looks Good For New York Mortgage [View article]
    Can you please provide a breakdown of the above listed asset categories as to what % of each are fixed rate securities vs ARM securities? Since when interest rates increase and they will, the ARM facet would certainly benefit more in the long run than the fixed rate ones. Any comments on the potential for decreasing Portfolio churn due to an interest rate hike (some mortgage rates have been creeping up already) and what that would mean for NYMT also?
    thanks for you article and insights. looking forward to your reply.
    May 29, 2015. 11:23 AM | Likes Like |Link to Comment
  • Prospect Capital's NAV, Dividend, Risk, And Valuation To Several BDC Peers (Post Calendar Q1 2015 Earnings) - Part 1 [View article]
    Reading two of these in one day is why my eyes hurt!
    Thanks Scott for your comparative analysis, still Long PSEC and still in the hole.
    but every month I get a little something for my troubles. What We'd all like to see is PPS increasing, the Rates to finally go up so we can realize a little bit of the spread/rate increases in our income streams. BV appears relatively stable.
    May 27, 2015. 02:58 PM | 3 Likes Like |Link to Comment
  • American Capital Agency's Dividend Sustainability Analysis (Post Q1 2015 Earnings) - Part 2 [View article]
    My Eyes Hurt! But it is a good hurt knowing all the work and research you put into this 2 part review/evaluation. Thanks.

    If you can (hoping you are planning to) is it possible to get a review of NYMT?
    It appears to be one of the brighter spots within the sector but it too may have some issues worth noting and thoroughly inspecting. I am Long NYMT, currently not a direct holder of and of the stocks mentioned here, except within REM the ETF
    May 27, 2015. 02:34 PM | 3 Likes Like |Link to Comment
  • 13.6% Dividend REIT New York Mortgage Trust Is Banking On Credit Investments, Will That Work? [View article]
    TY for your reply, you didn't address the points I made on the Reit Marketplace nor why Grexit or Brexit would have a negative effect on US Real estate. It would affect the various Bonds of the mentioned nations and likely others within the EU, might even cause a short term bounce here but nothing of lasting effect fot NYMT, you certainly didn't make a case for that.

    You made a disclosure statement regarding the next 72 hours. depending on ones interpretation of those 72 hrs that would bring us to Tues AM or Thurs. AM. at which time you would be perfectly OK in trading the stock as you saw fit.
    May 24, 2015. 04:23 PM | Likes Like |Link to Comment
  • 13.6% Dividend REIT New York Mortgage Trust Is Banking On Credit Investments, Will That Work? [View article]
    "potentially dramatic interest rate and economic news on the horizon."
    are you kidding me? Grexit and BRexit are news and will have negligible effects on the US Real Estate Markets and Loans/Paper. The Long awaited FED Rate Increase on the shortest of notes has been delayed yet again and is already priced into most of the Interest Rate Sensitive Sectors, the expectation is for not more than.25% hike this year worst case scenario.

    While other mReits and cReits, etc have seen losses in share price and BV NYMT continues to be a Star Performer as you note but without that comparison to the other Reits, like NLY and AGNC. So a sideways consolidation is to be viewed as a "Good Thing" esp. when comparing actual like Reits and their Losses.

    Your so-called projected disaster should GREXIT Occur needs some revisiting.
    But Higher Rates will mean less churn in all the Reit sectors just as the recent run-up has curtailed that same churn. It would have no real effect on those Risky loans save to lock the owners in at their current lower rates vs the newer higher rates. A true boon to them in that case. The ARMs would likely see a small hike (.25% max likely) and that isn't going to drive anyone into bankruptcy in the near term.

    You paint a doom and gloom picture while never actually referencing what other Sector Leaders are doing, have done or might do to protect their Businesses. You did mention in small print within the article header that you have no positions and won't initiate any for 72 hrs, However given you penchant also disclosed in the same header you do Short Stocks and I suggest that this negative article is designed to push down the shares of NYMT, which has been one of the better performers the past year.
    May 22, 2015. 11:49 AM | 1 Like Like |Link to Comment
  • AT&T's Mexico focus: Integrating assets, smartphone penetration [View news story]
    Take will be great for America's Intelligence Community as ATT and Them have been in bed together for over 100 years. Bad for Mexico and the Drug Cartel's.
    May 21, 2015. 02:56 PM | 2 Likes Like |Link to Comment
  • 2 Things I Hate About American Capital Agency [View article]
    the last year and a half of volatility has made them (as well as shareholders) gun shy. Just the mention of the words, 'Interest' and the 'Fed' and the interest rate sensitive stock sectors all take a pounding and then have to crawl and scratch their way back up. The US Economy is barely near the point it was 6 years ago, yesterday the story was about 40% of the massively unemployed have given up completely,Black and women unemployment remains at all time highs. So the US Economy is a fragile as old porcelain and is being subjected to actual acts of manipulation which the SEC just ignores. Not much us small investors can do about any of it.
    May 21, 2015. 11:05 AM | 4 Likes Like |Link to Comment
  • What I Think About Prospect Capital [View article]
    Thanks for your comments and insights. Long PSEC, still in a holding pattern.
    Uncertain about its future and me with them.
    May 19, 2015. 11:51 AM | Likes Like |Link to Comment
  • American Capital Agency's Dividend Sustainability Analysis (Post Q1 2015 Earnings) - Part 1 [View article]
    As always a long but informative read. Fortunately my only Positions with any of the listed mReits at this time are within REM. Given that NLY and AGNC are a large share of REM (not sure what % they are at this writing) what might be the Impact on REM? NYMT is a holding I am interested in and it has/is holding up well at this time given all the Interest rate maneuverings by the FED and others.
    Thanks for your Time and Talent, we appreciate it.
    May 19, 2015. 11:32 AM | 3 Likes Like |Link to Comment
  • Dividend Investors Beware: Could The Current Global Bond Sell-Off Be A Start Of A Bear Market? [View article]
    Just remember that As the interest rates Rise on the Short term indebtedness Thanks to the Fed, those increases will not be immediately felt in the longer term Bonds 10 yr+. Yellen isn't likely to raise rates too quickly as that would have an overwhelmingly Negative Effect on the overall American Worldwide Debt and send US Treasuries nose-diving in Value and a likely sell-off of them thus creating a extremely Negative scenario of America and her International Indebtedness. As those Treasuries dive the Rates will skyrocket as will our National Debt. Not a good thing with an election year right around the corner. Look for the Fed to do only the base minimum otherwise they could be seen as handing the election to the GOP outright.
    May 12, 2015. 03:05 PM | 1 Like Like |Link to Comment
  • BDCs And Prospect Capital Make Me Optimistic About High Yield Investing [View article]
    I'm with the J--dog on this. Need the income, bought in higher than I would have liked vs current PPS. trying to protect Capital while maximizing Income. Thanks for you insights and for taking the time to speak with the CFO. I think all that have read your article would appreciate your future insights and also your POV on the proposed Spin-offs as that might be a way for some of us to recover some of the Hit we've taken overall.
    Regards and Thank you again
    May 12, 2015. 02:43 PM | 5 Likes Like |Link to Comment
  • Prospect Capital's Results For Fiscal Q3 2015 - My Assessment [View article]
    Perhaps we can Scott. At times just looking for a reason to stay Long or a reason to finally Bail on this BDC. The whole sector has been a mess since last August along with the MLPs and mReits. Cost me a bundle that I'd like to get back, but the Fed keeps jerking our chains while giving early interest rate data feeds to the Big Boys. The SEC doesn't seem to care either. That's why you and a few others provide such a great service to us little guys. Thanks again. Have a Great Week.
    May 12, 2015. 11:47 AM | 2 Likes Like |Link to Comment
  • Invesco A Stock Of Choice For Income Seekers [View article]
    Likely the interest rate spread would narrow initially since the short term rates are the Ones the Fed will be changing later this year. the 10+ year rates tend to trend more slowly to the upside. Thus the spreads would narrow and cut into returns in the short term. Long term all interest rates will rise, esp. Mortgage Rates, both ARMs and Fixed rates. That would stop the early/low rate churn on mortgages and be a plus and like-wise the spreads would trend to widening also. but that is mid to long term.
    May 12, 2015. 11:34 AM | 3 Likes Like |Link to Comment
  • Invesco A Stock Of Choice For Income Seekers [View article]
    Company, like most MREITs has adjusted its Divy to ensure a sustainable divy.
    I've Held IVR for Years and while down on my Original cost of Investment, I am well Ahead when Dividends are Factored in and looking to get even further ahead in the next two years. Given the current Interest Rate climate nothing wrong here. (look at the MLP and BDC sectors as well as other Interest Rate sensitive stocks and sectors.) Long IVR and positive going forward.
    May 11, 2015. 03:54 PM | 1 Like Like |Link to Comment
  • Prospect Capital: An 'OK' Quarter With A Stable NAV Was All I Was Asking For [View article]
    I agree wholeheartedly with your overall assessment of PSEC. I'm still Long
    Perhaps you'd like to review this article on the spin-offs and update this Post.
    Regards Long PSEC and Hoping for the Best!

    http://bit.ly/1Fgbkj1
    May 11, 2015. 03:44 PM | 2 Likes Like |Link to Comment
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