Company just reports estimated BV as of 6/30 at $23.04. At the end of Q1 '15, BV is $23.08. Company paid out 65c dividend. I assume that means earning for Q2 was 61c.
23.08 - 65c (div) + 61c (earning) = $23.04
I see 27.50 to 28 or so at worst avege in I have 3k but next move is 29.20 rang so about 3 to 5% for 6 weeks
lets call it 4% so about a 32% rate that im looking fo annulized
each successive move has come down 20 cents so get some now and ride it into end of august
I like that idea, just opened new position , will add on any drop
a few guys grabbed 3k and adding to 12k be patient I want you to look to load up your main stack next Friday
keep some money available
bcs-d and then a run to 26.25 to 26.50
so about 2 to 3 percent pop
so smaller bet and could go higher
but I like the wfc-j its compressing down to 25 as it will surely be called but once it digests it makes its runs
I like wfc being domestic then the foreign
but I have 8k bcs-d and I have 6k short bcs-a as A somehow is 10 to 15 cents higher then d???? when d usually commans a 20 to 50 cents advantage
so I have really just 2k long in d right now outright and will grow to 12k from now to next friday
plenty of money on hand..........................been 70% cash the last few weeks.
looking for bcs-d to get long here soon.
addinga few longs
might be where they are selling it after bell before they downgrade it tomorrow - ive seen that before - supposed to be illegal but it happens many times (usually by goldman)
mfa close 7.64 hes hitting 7.58 I added a few thousand
Diluted down from 23.01 at end of Q1 to 22.75 and end of Q2. Thus take away .26 from the dividend of .65 and net economic gain for the quarter was .39
Economic return for the 6 mos ending June 30 was .96 or 4.16%.
sure enough, tlt gets reamed cuz the Greeks will have more money to #$%$ away!
bought at 10.74, 10.62, 10.48. There are a bunch of weak hands in this.. Weak and formerly complacent hands. So we'll see how far this goes. I'll try to get in touch with the company and inquire if the ATM program has a book value contingent "pause button".. ugh, I will not call though. I hate speaking to people.
I'll have to listen to the past conf call to get that contact info.. All means of contact on the website are contact forms and those are utterly worthless.
Also.. current yield is approx 16 thru 16.4.. which seems to be the 'going rate' for mREITs located in Vero Beach, FL.