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gl2238

gl2238
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  • Holding High-Yield Dividend Stocks Too Long Could Wreck Your Portfolio [View article]
    Seems to me that the drop of all three is probably 90% or so complete. In other words it is probably to late to get out.
    Sep 20, 2013. 07:18 PM | 11 Likes Like |Link to Comment
  • The mortgage REIT (REM -3%) slips amid a 10% dive in Hatteras Financial following a big decline in its book value. Other ARMs players CYS Investments (CYS -2.2%) and Anworth Mortgage (ANH -2.9%) don't take it as hard, but CYS (which reported last week) already trades at a substantial discount to book and Anworth likely does. Others: Annaly (NLY -2.8%), Armour (ARR -2.4%), Invesco (IVR -2.5%), MFA Financial (MFA -4.1%), Dynex (DX -3.4%), Western Asset (WMC -3.8%). [View news story]
    Odd, because one of a sector goes sour, the crowd thinks all in the sector are bad without checking the books? Why wasn't AGNC included in the listing? Bottom feeding might be in order for this sector.
    Jul 24, 2013. 10:46 AM | 3 Likes Like |Link to Comment
  • Panicky selling grips the mortgage REITs (REM -3.5%) as Treasury yields soar following the payroll report. American Capital (AGNC -6.9%), (MTGE -5%), Annaly (NLY -6.9%) Chimera (CIM -4.9%), Armour (ARR -3.9%), Invesco (IVR -2.7%), CYS Investments (CYS -3%). CYS' Kevin Grant was public a month ago about being a happy buyer as yields rose - a bit early on that call. [View news story]
    I meant MREITS. Mortage/Financial entities that borrow at short term rates and loan at long term rates.
    Jul 14, 2013. 09:35 AM | Likes Like |Link to Comment
  • Panicky selling grips the mortgage REITs (REM -3.5%) as Treasury yields soar following the payroll report. American Capital (AGNC -6.9%), (MTGE -5%), Annaly (NLY -6.9%) Chimera (CIM -4.9%), Armour (ARR -3.9%), Invesco (IVR -2.7%), CYS Investments (CYS -3%). CYS' Kevin Grant was public a month ago about being a happy buyer as yields rose - a bit early on that call. [View news story]
    Something wrong with this pix. If MRITS make money by borrowing at low interest rates and loan at long term rates, now going up, why are MRITS going down instead of flying up? Long term rates are going up while short term FED rates are still low and moving up at a much slower rate.
    Jul 5, 2013. 09:47 AM | 3 Likes Like |Link to Comment
  • It's shaping up as another difficult day for Linn Energy (LINE -9.3%) and LinnCo (LNCO -8%) after yesterday's selloff. After a round of downgrades, Stifel Nicolaus today cut its price target on both to $33 from $48. Selling the put portfolio would not be a wise option, the firm says; Linn would shed some controversy but sacrifice possible future cash flow. Baird cautions broadly on upstream MLPs; BBEP -9%, ARP -7.1%, VNR -6.3%, QRE -6.2%, EVEP -3.2%[View news story]
    Another manipulation like ERF was a year or so ago. Big boys control the marker much like the precious metals. Ever figure why the central banks globally are buying Gold and Silver in droves? Yup the price is being driven down so they can accumulate at bargain prices.
    Jul 3, 2013. 11:14 AM | 2 Likes Like |Link to Comment
  • Wells Fargo's defense of Linn Energy (LINE -6.5%) and LinnCo (LNCO -6.6%) following Barron's negative article has lifted shares a bit from earlier lows. Wells considers today's selloff a buying opportunity, as the article merely "brings up old points of contention"; the firm continues to believe LINE’s distribution is secure and poised to grow at a mid-single-digit annual pace over the next five years. [View news story]
    Only people this benefits are the insiders at Barrons and their friends who short sold including the same folks that purchased PUTS. Same is true anytime a rating like company makes negative comments, insiders short sell.
    May 6, 2013. 02:57 PM | 4 Likes Like |Link to Comment
  • Off 2.2% today in the wake of a crop report confirming what everybody already knew (a very short crop), corn may also be fading on a rumor the White House could be open to waving the ethanol requirement for fuel. [View news story]
    Thought a rise in commodity prices would be good for RJA. Wrong again?
    Aug 10, 2012. 03:25 PM | Likes Like |Link to Comment
  • REITs, Retirement And The 'Fiscal Cliff' [View article]
    If interest borrowing rates go up, NLY and O will be clobbered along with all the other MREITS. I, however, do not think this will happen until after mid 2013.
    Jul 12, 2012. 11:02 AM | Likes Like |Link to Comment
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