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bobwilbor

bobwilbor
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  • Investors pounce on 3 mortgage REITs going ex-dividend today - Annaly (NLY +1%), Capstead (CMO +1.9%), and AG Mortgage (MITT +2.8%) are all sharply higher, nearly making up in less than a session all of the value erased from their stock prices due to the dividend payment.  [View news story]
    BobW

    I noticed, as of late, a goodly number of controversial articles, relating to nly and issues the don't smell very good. We all know when we play high stakes (12-16% return) poker, we might do well to re-read the CEO's last line of his first quarter' s comments where he reminds use that There's no free lunch...and not sure how much or when that lunch will be paid for...but eventually ..it will be paid for.

    I like AGNC too...at least for now. I wonder a bit about NLY lately...and with much more smoke...I'll take my kindling to another fire.
    Jun 28 11:47 PM | Likes Like |Link to Comment
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