They really can't go under with all of that money they will be making on those much bigger spreads. they will have so much more money, divs will have to increase.
I doubt it, in a year or two NLY will probably go under. I plan on collecting that hot dividend and get rid of it all. NLY is the worse stock I ever held.
Sentiment: Strong Sell
Don't get depressed...enjoy the great dividends...if you don't sell you haven't lost a thing...NLY will be back to the 17's etc. in the next 1-2 years...while you hold you just continue to rack up the bucks.
Institutional selling will dry up by end of the month... they are getting rid of the losers in their portfolio and selling pressure will dry up. The interest rate environment is now been cleared up. A gradual tapering should produce a gradual rise in 10 & 30 yr while short rates will hold until at least Sept 2015. This will produce a upward sloping yield curve allowing NLY to lever up again and increase their net interest rate spread, earnings, dividends & book value should rise accordingly.
Fantastic...sorry to all the suckers that sold down at this level...you gotta be patient with this...it's a cycle that we're about to see the other side of...and with $0.30 dividends I don't feel bad owning up at the level I bought at! You can't get this type money anywhere else...I love it!
NLY will come back. The insiders are investing millions of their own money on this stock. Source: Yahoo insider transactions. This stock has never traded under 8. Hold your position and stop watching it.
It will come back in January after tax loss selling.
Sentiment: Strong Buy
Slow and easy
In addition, the timeline presented for tapering was not only clear, but extremely conservative. The Fed will decrease its purchases of mortgage-backed securities and Treasuries by $5 billion each per month, starting next month. For mREITs, this is sweet, since the Fed won't exit the program too quickly -- which could cause a precipitous drop in the value of mortgage-backed securities. Book values may suffer, but not very much.
In a nod to housing, the FOMC noted that it will hold on to its stash of mortgage-backed securities for the foreseeable future, in hopes of keeping long-term rates from increasing. This is good news for book values, as well.
Most importantly, the Fed was clear regarding its stance on short-term rates, which it asserted will very likely stay low beyond the time at which unemployment reaches 6.5%. For mREITs, this is just the kind of news investors wanted to hear.
Despite its opinion that the economy has experienced substantial improvement, the Fed also said it will be monitor the economic situation closely and could "reduce the pace of asset purchases in further measured steps at future meetings" if economic indicators warrant such a move.
if they went the same way as agnc and had to buy back shares to achieve the 30 cents? Have any of you even thought of questioning that? I know it's not in the release but since you people like to speculate on the unknowable i figured you might like to chew that one over for awhile.
I'm fine with the $.30 dividend, my concern now is what happens after the ex-dividend date. I have a little while to decide if the crooks are determined to take this stock lower or not. The options action would make me say yes, but those strike numbers were prior to the Fed's tapering decision. Hopefully the stock goes up into the ex-dividend date because that would make my decision much easier. Good Luck!
NLY is a great investment going forward, they are only .05c lower in divvy and should stabilize from here. They are currently re-balancing their portfolio for the longer end and their differential % points will improve.
"I only stated the facts."
Can't do that here without incurring the wrath of the clueless. Evidently you didn't know that before you posted. You do now.