Fri, Dec 26, 2014, 11:32 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Annaly Capital Management, Inc. Message Board

  • roamingmann roamingmann Oct 7, 2004 6:31 PM Flag

    Will NLY hold the 17s?

    Or will it pull back to the low 16s?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • My Donation to the Grammer Police Acadamy [$OOO.oo] I hope this makes a significant Dit of Bifference.

    • please keep your enlightening criticisms where they will do the most value: in your own mind. you seem like you could use something in there.

    • "some of us actually know a few things; "

      ...and where would the evidence for that assertion be?

      "others, such as yourself, are airheads seeking recognition."

      He isn't the one attempting to make earth-shattering pronouncements which sadly end up sounding as if they've been authored by Professor Irwin Corwin. I would consider refraining from the temptation to describe the Big Picture and see if I couldn't first crank out a simple, declarative, English sentence.

    • Waiting for it to drop below 17 may be like "Waiting for Godot".

      I put my order in a while back for $17.09 and just squeaked in. Check the return, check the FED and recognize that past history isn;'t quite the accurate indicator. It dropped by over $1 after divy annoucemnts and it probably isn't going to do much more than that.

      If you have this in a tax deferred account the interest return will be just fine even if it takes a little dip regardless of fluctuations in share price.

    • With the low job growth rate coming out the FED wont be messing with the interest rate for the rest of the year.

      NLY has taken its normal dive after the ex divvy date. It may still go below 17 but that seems less and less likely. I bought some more when it was in the low 17's because the interest rate is so attractive and even if it loses a percent if the curve flattens it will still be a health return. Furthermore since I am dripping in and IRA if the price goes down I just buy more.

      I really all depends on what you are looking for. I plan on holding this for at least 5 years unless something really unexpected happens. I have waited before for a really low price and missed opportunities. I pulled the trigger at 17.07 a little while ago. If it should go lower, I will live with it as long at they can maintain a return above 8% and that would take a big drop to go down that far.

      • 2 Replies to yando1946
      • look at it this way:
        even if nly goes down by a few percent in the next little while, the high yield should more than compensate for the downside on growth in the short-term, when compare nly with other stocks at 2 or 3% yield. i know nly is not the same beast like the citigroup or bp, but all the same .... besides, nly has proved itself - generally upward moving price curve - over the years. so i say it is a buy and hold, and enjoy the yield.

      • "With the low job growth rate coming out the FED wont be messing with the interest rate for the rest of the year.

        NLY has taken its normal dive after the ex divvy date. It may still go below 17 but that seems less and less likely. I bought some more when it was in the low 17's because the interest rate is so attractive and even if it loses a percent if the curve flattens it will still be a health return. Furthermore since I am dripping in and IRA if the price goes down I just buy more.

        I really all depends on what you are looking for. I plan on holding this for at least 5 years unless something really unexpected happens. I have waited before for a really low price and missed opportunities. I pulled the trigger at 17.07 a little while ago. If it should go lower, I will live with it as long at they can maintain a return above 8% and that would take a big drop to go down that far.
        "


        Buying at 17.07 isn't bad. With, say, a 10% dividend, the stock would have to drop into the low 15's for you to even lose money. And for long term investors, that dividend is a great cushion.
        However, I think the price will drop due to the flattening yield curve. I think it can and will drop to 16. Probably no further, unless..
        What would really frighten me as an NLY investor is the inflated housing market. While not a bubble, it COULD suffer a sharp decline. And while, logically speaking, NLY should not decline alongside, we know that when investors panic, they throw out the baby with the bathwater. Anything remotely connected to real-estate could experience a sharp decline. I am not hoping for this, nor even expecting this, but the distinct possibility is there, and I think one should be prepared for it, and not engage in investor-wishful-thinking (last comment NOT directed at the original poster!)

    • Curve is flattening in a sell off big time. This is the worst thing for mortgages.

 
NLY
11.34+0.16(+1.43%)Dec 26 4:01 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Virgin America Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST
Rice Energy Inc.
NYSEFri, Dec 26, 2014 4:02 PM EST
Ocwen Financial Corp.
NYSEFri, Dec 26, 2014 4:03 PM EST