Seeking Alpha
  • eerginer
    Would someone please tell, what is happening to ARR, Armour residential REIT for a couple of days? Do we buy or sell? Thank you.
    8/17/12
    Reply (20)
    • mrmedusa: went ex-dividend Monday.
      8/17/12
    • lfpdinc: this is not helping: http://bit.ly/TK8LKx
      8/17/12
    • MiamiFranky: I beleive the street may feel that with fannie mae issues , ARR may have less product to buy soon.
      8/17/12
    • owlpha: The income is great so I am staying in, will probably pick up more if it continues to fall.
      8/17/12
    • sector: I don't understand why it did not fall right after div. Today this happened http://bit.ly/N9p7aH Is $7.25 strong entry position or not?
      8/17/12
    • sector: Setting buy order for 7.20 as its target price 7.25, maybe change to 7.15 depending how it opens.
      8/17/12
    • Matthew Davis: its at a big premium to book value and when interest rates go up REITs go down but still really low rates not to worry.
      8/17/12
    • jvix: 7.20s pretty close to book. Sector rotation plus in between monthly div. Nothing goes up in a straight line.
      8/17/12
    • jvix: Many MREITS dropping
      8/17/12
    • dig4it: below 7.20 i am buying
      8/19/12
    • Matthew Davis: what a come back late in the day
      8/19/12
    • Joseph P. Porter: My understanding is that they are affirming their yield thru 2014 - if so, I'm buying what I can.
      8/20/12
    • mgruzin: ARR has too much debt and PE~30. Some analytic recommend to reduce/sell
      8/20/12
    • Matthew Davis: pe 30 based on what? link?
      8/20/12
    • Joseph P. Porter: According to FINVIZ, P/E is 27.15. I've seen nothing but buys from recent analyses. Short-term debt to Equity is 8.92. Not bad for mREIT.
      8/20/12
    • Joseph P. Porter: Increases in Freddie-Mac mortgage rates should not really hurt mREITs' positions. I'm long on ARR, at least thru 2014.
      8/20/12
    • sector: Buying if it hits 7.20, hopefully this week if current trend continues.
      8/20/12
    • sector: Got my buy order executed at 7.15 after this http://seekingalpha.com/a/hh7z
      8/22/12
    • Joseph P. Porter: This is like those old "blue-light" specials K-Mart used to have. Discount money!! Just put an order in @ $7.16 for ARR. Can't be beat.
      8/22/12
    • Matthew Davis: I am all ready fully invested at 6.92 avg, just letting it roll over month to month
      8/22/12