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hameedsyed

hameedsyed
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  • "Rates go down you get killed, rates go up you get killed," says hedge fund manager Brad Golding, summing up the situation for mortgage REITs. The days of double-digit yields are over - at least at Annaly (NLY) - where new co-CEO Wellington Denahan-Norris calls it "fantasy" to think the company can just jack up leverage to replicate the returns of the past. [View news story]
    I have been reading these comments and unloaded 250,000 worth of reit stocks and now biting my own tounge .bottom Line DO NOT PANIC

    Hameed
    Oct 16, 2012. 01:08 PM | 4 Likes Like |Link to Comment
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