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Annaly Capital Management, Inc. Message Board

  • yando1946 yando1946 Sep 29, 2004 11:32 AM Flag

    11.7% return--don't wait too long

    You can wait and hope that this puppy goes down further, but it wont go down much further and with a return like 11.7% I pulled the trigger for $10k. If it goes down another 20 or 30 cents before it rises up I wont cry, because history shows it will go up again unless the whole mortgage market falls apart which is a very unlikely scenario by most accounts. And getting almost 12% return is great if you are in this for the divvy �(being in for capital appreciation makes no sense in any case, unless you are a meth crazed day trader).

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