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Orchid Island Capital Second Quarter 2014

|Includes: Orchid Island Capital (ORC)

High lights of Orchid Island Capital's second quarter:

ORC produces a net income of 10.6 million dollars or $1.17 a share.

Book value of ORC shares increase to over $13.00 dollars a share.

Second quarter saw the book value of ORC shares increase 58 cents a share.

Disclosure: The author is long ORC, NLY, CIM.

Additional disclosure: I am also long NLY & CIM but right now I see ORC as the best of the bunch.