This is what happens when the money managers speculate on company targets having no indside information on the company. They should be fined. Annaly is a cash cow and has the ability to weather any storm and has a very smart management. They will diversify in this environment and come out leaner and stronger on the other side. Too much negativity and stock got oversold and panicky investors were shaken off this stock. Now its only SMART money coming back in. The dividend for preferred stock are over .50c per share just an indication of their current status. Book Value is over $16.60 and Annaly always trades at a premium to the stock.