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Annaly Capital Management, Inc. Message Board

  • melvin10512 melvin10512 Oct 19, 2012 10:46 AM Flag

    Will they really buy back shares?/ Pump & Dump?

    Read the release carefully. The agreement does not obligate NLY to purchase shares. And even if they
    do so they can discontinue for ANY reason. Also shares can be purchased off the "open market"
    NLY was tanking when this news was released...just keep in mind that many other companies have made and failed to live up to this promise.

    Fair Disclosure
    Long 500 NLY
    Short 40 Nov 15 puts

9.68+0.13(+1.36%)Nov 27 1:03 PMEST