Low volume Friday relative to Thursday's gain....
NLY is fine. Still under $12 at Friday's close. Great buying opportunity, given over $15 book and good PE plus good dividend....
This is at least a 20% discount stock
core was just .28 to .30 v .35-.36 est they don't include swap costs in their presentation
I didn't know this either
creds just mentioned it earlier today saying its not that bad as far as internals improving (nim up, prepays down, and leverage in good condition but book down nothing special relative to sector but core was actually a miss
I got short once I read that - (I trade market neutral so not short bashing - i got long cys and anh and short nly as well as some mtge long later to nly