yep...not the market is turning.....all come back to the safety of the REITs and their high divvys. Stock should add a few bucks more this year. Kind of irrelevant to me as I have owned shares forever....just in it for the divvy. God I love this stock.
I really hate to say it, but I do not understand any of what you tried to say. Please try better grammar or use a better translation tool on the web if you speak another language.
right it means nothing that an insider spends a quarter of a million dollars on this stock.
h aha i mean sotck does 3 mil shares and this silly 25k share purchase makes a difference???
ive always said that nly should just methodically report that every month 2 of the main players bought shares and use that to push the stock higher
Since hitting a low of 9.19, NLY has received two upgrades to BUY at Nomura Securities and Compass Point and the shares have outperformed the S&P and Dow over past 45 days. The earnings are also out and management has announced a $2 billion buyback plan. Some other REITs have been upgraded. The recent gains puts the price above the 50-day and the 200-day moving average, a bullish trend.
The chart has turned positive...that's for sure. Approaching the 200 dma around $10.75. The 20 dma has decidedly crossed above the 50. All good.
Would like to see NLY start looking like it will trade more reasonably around BV. Huge discount is finally shrinking. Doubt it ever trades above BV...but within 5-10% would be just fine by me.