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  • Worst Of Breed Is An Insult To Other mREITs: Javelin Mortgage Investment [View article]
    Do you see any similarities with ORC? Just wondering considering their Bimini heritage.
    May 19, 2015. 10:34 AM | Likes Like |Link to Comment
  • Update: My Reaction To Chimera Investment Corporation's Dividend Payment [View article]
    Think the situation with crude will play a big part in the Fed's decision. The unemployment numbers will start to reflect this pretty quickly. A lot of offshore platforms are being shut down. I'm not sure the time will be right in 2015 for them to do anything.
    Jan 2, 2015. 04:46 PM | 1 Like Like |Link to Comment
  • Fed's Williams not averse to additional QE [View news story]
    I had a good friend who was president of our school board in Tennessee.

    The main problem he saw was the best way to get a raise was to have more people working for you. So hire all of your cousins, in-laws and anyone else who will be indebted to you for the rest of their lives.

    Look at the Birmingham, AL school system and prove me wrong.
    Oct 14, 2014. 06:43 PM | 1 Like Like |Link to Comment
  • BDC sector on sale [View news story]
    For me,the best thing is I continue to add shares via DRIP at lower prices....
    May 23, 2014. 06:31 PM | 2 Likes Like |Link to Comment
  • In a defeat for organized labor, Volkswagen workers reject union [View news story]
    Let me make sure I understand this: Nissan, Toyota, Mercedes and BMW would improve their products under a shop going union?

    Looks like they've done ok on their own........
    Feb 16, 2014. 05:34 PM | 4 Likes Like |Link to Comment
  • Understanding The Verso Paper Move [View article]
    I really think the implication here is that if it's not approved, Verso will go into bankruptcy and bondholders will risk even getting less.
    Jan 8, 2014. 03:20 PM | Likes Like |Link to Comment
  • Understanding The Verso Paper Move [View article]
    I felt my only solution was to dump the Verso bonds I had held from a previous "financial" adviser. .66 on the dollar beat .47, even though they were bought in the low 90's. I sweated every interest pay date they would declare bankruptcy.

    I'd love to know who the large holders of these bonds are.
    Jan 8, 2014. 02:14 PM | Likes Like |Link to Comment
  • Verso Paper - More Volatility Following A Transformational Deal [View article]
    A $1000 bond would now be worth $470 for Verso debt holders. Not a good deal at all. And Apollo Management has owned millions of shares that just went out of sight. Should be some consideration for bondholders. Would like to know who major bondholders are in Verso.
    Jan 8, 2014. 10:48 AM | Likes Like |Link to Comment
  • The One mREIT That Will Easily Rise In 2014 [View article]
    I think one comment I would have to make was JMI did cut their dividend in October from .23 to .15, a cut of over 34% but has held there and is where they've stated would be their goal for 2014.
    Jan 2, 2014. 07:49 AM | 1 Like Like |Link to Comment
  • Assessing The Q4 2013 Dividend Of Western Asset Mortgage Capital [View article]
    It's certainly going to be interesting to see the share price after the ex date. I sold all of my shares yesterday (at a loss) because I think I can pick up shares substantially cheaper in the next 60 days. You can't take $2.35 off of book and think it's going to rebound quickly.

    There are also rumors of a secondary offering which (if true) should drive prices down even more.
    Dec 24, 2013. 08:48 AM | 3 Likes Like |Link to Comment
  • Huge Dividend Payer Western Asset Mortgage Capital Looks Attractive [View article]
    Please tell me which mREIT is better performing? I'd certainly be willing to entertain buying it.....

    With a cut to .80, WMC's yield at today's price would still be 20+ percent.
    Dec 9, 2013. 06:57 PM | Likes Like |Link to Comment
  • Getting Crushed In mREITs? This Stock Is Outperforming Annaly And American Capital [View article]
    Like others, I am long WMC (it's my largest position). I have complete confidence in their management group and their ability to handle change.

    I have (along with a lot of others) been stunned at AGNC's overall performance in the past six months. Sure, WMC is down also but they seem to have the basics figured out. Don't know about them cutting the mustard but they sure know how to lick the jar.....
    Dec 4, 2013. 06:52 PM | Likes Like |Link to Comment
  • Annaly And American: Getting Lured By Yield Is Far Too Risky [View article]
    Yes. please post!!
    Nov 30, 2013. 09:20 AM | 2 Likes Like |Link to Comment
  • Western Asset Mortgage Capital: Low Effective Duration, 23% Dividend Yield, Favorable Near-Term Upside [View article]
    Under "Final Thoughts" don't you mean "sentiment" , not "sediment"?

    Great article
    Nov 29, 2013. 09:23 AM | Likes Like |Link to Comment
  • Boeing cautions airlines on GE engine icing risk [View news story]
    Interesting with McNerney being a former GE honcho that he'd hang GE out to dry-guess he'll show them about not making CEO when Jack Welch retired......
    Nov 24, 2013. 10:50 PM | Likes Like |Link to Comment