When NLY issues shares people yell "dilution" and the stock sells off. This time, curiously, volume did not spike as it usually has when new shares are issued. Perhaps people are finally learning about the business.
there has been no SPO. there was a stupid article on seeking alpha. that's all. it's amazing a stock can sell off because some idiot floats a theory on seeking alpha. same thing happened with NYMT a few weeks ago