What bothers me is that, while the stock has been losing money for at least 3 years, the greedy CEO continues to draw her 2 MILLION per month. Obviously this money is coming out of capital----OUR CAPITAL.
I am not so sure this has been a pump n dump. Bascially, just a horrible stock period. No excuses needed here.
yes that is a valuable lesson learned ,and look for them to not make the same mistakes again ,,unlike you who is doomed to repeat your mistakes
It is not just the "fanatical left", add the blacks, the latinos and the free loaders.
that it believes in its business model and begin a share buyback program. I know our CEO Wellington Jamie Denahan-Norris, (one of the highest paid executives) recently indicated that she is not in favor of using the Company's investment capital for that purpose...but my question is, at what point (share price) do you recognize the company that you co-founded as a compelling investment opportunity. Surely, anything below book value, I would think. would represent an opportunity. Well, the last time I looked, we were well below book value and headed down. As an investor that believes in dividend re-investment, it is hard for me to understand a CEO that doesn't believe in buying back undervalued shares while they are undervalued...unless, even at the current price per share, she doesn't believe the shares are undervalued. If that is the case, why would I want to continue to be invested in Annaly? This is not really a question...I am just venting my frustration with what I believe to be over paid management failing, for the last several years, to provide a ROI given the constant erosion of share value.
Nothing. They are a bunch of frustrated old men who have nothing to do but spew hate and have run out of places to post it. So they show up on random message boards and they hope to get people into an argument because they crave attention. And an audience. And it gives something to do.
I have not seen any rates rise? They already maintain the dividend though the end of 2015. SLOW rise in rates helps NLY with larger spreads from short to long term rates. Many don.t understand the buisness.
The GOP Supreme Court is the Democrats best friend...now ..you don't have to wait till the election
"I'd like somebody to give me some positive input as to why i should hold onto NLY."
You should probably sell NLY. It looks like management is not able to navigate the anticipated rising interest rates.
Here is a stock with a big dividend where the principal continues to erode,resulting in net losses each year. Are we being conned? I'd like somebody to give me some positive input as to why i should hold onto NLY.
You need to tune into FOX! The most watched network, how can anyone watch
CNBC? One night and I was bored out of my skull!