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Packrat1987

Packrat1987
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  • Packrat1987
    $AGNC NAV shooting higher today on dovish comments, agency mbs pricing much higher. Too bad $agnc shareholders don't understand that.
    Tue, 2:57 PM
    Reply (1)
    • jmodrkrk: crazy mixed signals out there...."BV is down! Sell! But the spread is improving! Buy!", and vice versa. Gotta decide whats more important!
      Wed, 10:18 AM
      • Packrat1987
        $MTGE i bought 200 dec 2013, $25 calls @ 0.493 cost average.
        May 13, 2:07 PM
        Reply (3)
      • View all 3 replies
        • NV_GARY: $MTGE Packrat-- how are you figuring that? 200 calls or 2 calls = 200 shares? Looks like a lot more for Dec25s
          May 14, 5:33 PM
        • Packrat1987: 230 contracts I personally bought on the December $25 strike option. Cost average is 0.493. That is in addition to the 21,500 shares I have
          May 15, 2:08 PM
          • Packrat1987
            $PSEC I forgot to update my position here. I post on yahoo finance as instantwinbutton. Lots of downside to psec from here.
            May 6, 11:42 PM
            Reply (4)
          • View all 4 replies
            • Packrat1987: The dividend of $PSEC is 0.33 per quarter. They made only 0.26. NAV drop was partly due to overpayment. Originations to slow. Eps to drop.
              May 7, 1:51 PM
            • Packrat1987: $PSEC to trade at 0.88 to book or $9.40. True yield of 10.2% on a nii of 0.22 to 0.26 per quarter due to slowing originations in second half
              May 7, 1:54 PM
              • Packrat1987
                Bought 21,500 @ 24.58 today. $MTGE trading below adjusted current book value of 24.97 to 25.30.
                May 6, 7:29 PM
                Reply
                  • Packrat1987
                    Bought 48,000 shares of $PSEC today at 10.97 cost average. Over 12 percent monthly dividend, good long term track record and performance.
                    Mar 26, 11:57 AM
                    Reply (1)
                    • The Complete Dividend Plan: 48,000 shares of PSEC = +$500K. God bless you man. All the best. Long PSEC as well.
                      Mar 26, 1:23 PM
                      • Packrat1987
                        Straddle this. Buy 14 April calls and 14 April puts, it's cheap. $DELL
                        Mar 21, 11:28 AM
                        Reply
                          • Packrat1987
                            Bought 20,500 $MTGE today at cost average 25.05. True value 27.77 for 10 pct premium to post spo divvy adjusted book value.
                            Mar 19, 5:27 PM
                            Reply (3)
                          • View all 3 replies
                            • Packrat1987: They just did a secondary at 25.70 a few weeks ago for 30 pct more shares. Another wont show up for a while and priced much higher then 25
                              Mar 20, 10:15 AM
                            • DaLatin: Yes,but. others seemed to hasten there secondaries & I have a nice chunk.So, i've got on stream & a dip I buy more
                              Mar 20, 10:20 AM
                              • Packrat1987
                                I am now short $TWO for 2000 shares... Looking for an spo or sell off to take this back to the mid 12s. Agency mbs prices down huge since q4
                                Mar 12, 12:51 PM
                                Reply
                                  • Packrat1987
                                    $PSEC is going to drop below $10.80. I promise you. Not because of fundamentals but because of the market selling off early next week.
                                    Mar 1, 4:56 PM
                                    Reply (7)
                                  • View all 7 replies
                                    • skyraider: thanks Packrat1987. We will see.
                                      Mar 5, 12:33 PM
                                    • Packrat1987: I still believe that $PSEC will under-perform the market in the near term. I went short $TWO as i think a secondary is coming.
                                      Mar 12, 3:36 PM
                                      • Packrat1987
                                        $cys investor relations never returns email or phone calls. Also no fbr 2012 transcript or audio available $CYS
                                        12/3/12
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