So, did Cramer say to buy, sell or hold?!? Did he say anything about the sector? I have had NLY on one of my watch pages for years because Cramer suggested it. It's one of the few that are down over the years that I was tracking from Cramer.
Cramer is a trader, if you are trading this stock then you need to know a lot about bonds. You also need to work at the company so you know what loans are in the portfolio and what hedges are in place. Don't trade this stock.
Buy low and hold for the long term.
Current price is good entry IMO. It can get a little lower but not dangerously lower. In the long run, take the good dividend Q after Q and wait for the pps to recover.
Yes, these stock will take a hit on earnings with a drop in BV, but it all depends how much they cut the dividend going forward. Not to mention the market down turn that's likely to happen a couple weeks after earning's season is over.
I however would never use my money based on anything offered by Cramer or anyone on this board. It's my money and I can think for myself!
very true but then they will hit stock holders with another sale of stock and dilute it even more. It is a 7 dollar stock that is masked by corporate schemes that make it appear to be worth anything at all...
BV will drop but will above current price. Interest income will rise substantially as spreads will widen. New corporate structure will increase net income. Over the next six months interest income will rise substantially and bv will stabilize. Share buybacks will be completed at15- 20% under bv. Increased net income will offset bv decline and replace paper losses with cash profits increasing cash in the bank - which can be deployed into increased asset purchases and additional income. No new secondaries will be required as surplus cash is deployed.
What does Cramer have to do with NLY, anyway ?
He basically said its too dicey for him now........
isn't that true for everyone now, until earnings & CC
who really knows what happened in June & July ?
buy buy buy
Cramer is a hedge fund manager
SO he is a short
by then he tells to buy high fly stocks so he can short them
and he tells to sell over sold stocks so he can cover on time
now what is the meaning of to be an snake oil sales man?
Sentiment: Strong Buy
small correction Mr. Cramer is not the culprit his help are
and here is the problem he fire the people that is sleepy
and he keeps the smart #$%$ that advise him
so the good people work hard over night
and the snake oil sales men have a small business on the side
they have people working over night for them so they look perk and sharp
on the eyes of the boss
so that it is when Mr. Cramer becomes an idiot and not the snake oil sales man
Sentiment: Strong Buy