One of the largest and most respected money managers in existence now owns 6.86% of our little NLY
They know a stealDividends will hold up - any stockLook at SFI Pref sharesLong NLY- I have to think this only has an upside based on Blackrock and todays market
dividends didn't 'hold up' Novastar and a slew of others (not that there's any comparison), but dividends don't always hold up s/p.
read the report - it says that they took over barkley's positions and therefore had to file substitute 13g's to comply with SEC regs. In short - not an event ...