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  • Armour -4% after cutting dividend [View news story]
    bought and sold around $7... so glad I got out then. the divs have dipped regularly since then.
    Jan 1, 2015. 07:49 AM | 1 Like Like |Link to Comment
  • Microsoft and Google to sue to release information on NSA surveillance involvement [View news story]
    It's the context that's different. The Snowden leaks are everywhere, the NSA, the Guardian Newspaper reports... backdoors to many services: Facebook, Google, Microsoft... Spying on Allies, too. This time it's BIG NEWS. And Snowden isn't finished yet. It's no wonder that the NSA/US government wanted to shut him up. What's next? And all the time the US Govt. complains that China is spying on the US... Perhaps if they shout loud enough about it, we'll only focus on the Chinese spying! Huh! Turns out the biggest cybercriminals work inside Washington.
    Nov 6, 2013. 11:54 AM | Likes Like |Link to Comment
  • Microsoft and Google to sue to release information on NSA surveillance involvement [View news story]
    Of course they would. While people vote once in 4 years for those who govern the highest offices, these companies need people to vote every day with their wallets. They are going to respect their customers' privacy more than the government needs to.
    Aug 30, 2013. 02:12 PM | 3 Likes Like |Link to Comment
  • Far Oversold, 15.1% Dividend Payer Armour Residential REIT Is A Buy [View article]
    I have struggled to understand the people who say buy! If I'd bought at 6.50 a few months ago, I'd be looking at a 30% loss. It doesn't matter what the dividend is if you lose that much of your capital investment!

    With interest rates 'poised' to rise even further now, I'd say that things are pretty bearish for this stock. Wouldn't you?
    Jul 11, 2013. 11:41 AM | 1 Like Like |Link to Comment
  • Armour Residential (ARR) holds its $0.07 monthly dividend for now, announcing that will be the payout for each month of Q3. Based on yesterday's $4.59 close, it's an annualized yield of 18.3%. (PR[View news story]
    Having bought this stock at $7.50 and sold it at $6.6+..,. I can't see anyone sensible buying this & expecting an uptick. Why?

    The preferential stocks may have taken priority over dividend payments. In other words, ordinary stock holders have been hung out to dry by these additional issuances + dropping dividends (from 12c to 7c... that's a big drop).

    Without concrete reasons for the stock to turn around, and a rising interest rate environment isn't one, this one has nowhere to go but down for some time.

    Ex-ARR owner.
    Jun 13, 2013. 07:17 AM | Likes Like |Link to Comment
  • Cyprus's parliament is due to convene this afternoon to debate an astonishing eurozone demand that it tax all bank deposits at up to 10% in return for a €10B bailout. While approval is not guaranteed, Cypriots rushed to take as much money as allowed out of ATMs. And although EU Commissioner Olli Rehn ruled out a deposit raid in other eurozone countries, menacingly for savers, eurogroup chief Jeroen Dijsselbloem would not. "We are in a new world," says an economist. Update: The parliamentary debate has been postponed until tomorrow. [View news story]
    While the Cyprus government may sequester this money (it's not a tax), the consequences of doing this will be profound and may damage the very foundations this deal was aimed at creating.

    1. Who would leave their deposits in Cyprus, knowing that the greedy eurocrats could easily turn around and say 'sorry, that didn't work!' we need more?

    2. Capital outflows will massively erode the foundations of these banks themselves. It's hard to believe new capital would enter Cyprus when the govt. has shown its eagerness to levy this. If I were an oligarch, euro-expat, or whatever, I would certainly cross Cyprus off my list of favored tax havens.

    3. If the locals withdraw their cash, the foreigners remit their cash away, and new deposits dry up, it's hard to see how those banks will survive anyway. How can they not breach their capital ratios? How can they not be insolvent?

    Lastly, the threat of contagion may be minimized for the moment by the hints that this is not going to be repeated. But who can't forget the admonitions of the prime ministers of Ireland, Portugal, Spain & Greece that they didn't need bailouts. Really they didn't. Honest, guv. Let's count how many times this is denied as well.
    Mar 17, 2013. 04:34 PM | 2 Likes Like |Link to Comment
  • ARMOUR Residential REIT, Inc. Announces Q2 2013 Monthly Dividend Rate of $0.07 Per Share and Confirms Series A and Series B Preferred Stock Monthly Dividends [View article]
    I bought at $7.50! Though the final amount doesn't represent a huge loss once you include the dividends. But something is a tad fishy with this stock. So I am avoiding.
    Mar 14, 2013. 11:17 AM | Likes Like |Link to Comment
  • Facebook (FB -4.9%) continues its strategy of creating a bunch of new ad options and seeing what sticks. The company's latest idea is to allow businesses to target potential customers based on e-mail addresses, phone numbers, and user IDs already in their possession. Millions of businesses have set up Facebook pages to promote themselves, but getting them to buy ads hasn't always been easy. (new ad formats: I, II, III, IV) (price target cuts: I, II[View news story]
    I bought ads on FB, and found that they didn't do my business any good at all. Cancelled my account with FB. I need the traffic on my site, not to pay money to build up FB's site! Huge difference.

    Kenneth
    Sep 1, 2012. 06:56 PM | 2 Likes Like |Link to Comment
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