The MB is cluttered with attacks on klumps and I see very few posts from him. Perhaps he is a blowhard; so what! I intend to put anyone on ignore that is more interested in attacking someone than objective discussion. Please; let's talk about ARR; the pro's and con's.
Hopeuflly objective doesnt mean long dong ding dong short in the dong long only cheerleading though
klumps makes some good points
afterall arr went from 7.30 (7.60 but had 3 divi) down to near 6.70 - thats 60 cents - thats 8.5% - sure the market rolled over hard, but dont forget in 2008 these stocks held up big time to the market and so - the suspiciion is there is a focus on these stocks and their potential risks are surfacing.
versus hey im long - ill buy more - cant lose here - it pays a dividend - nothing to fear here.
gobbled up 30k at 6.76 and out at .82 for most of it for quickie and ill reload dips
buy the dips and force it to prove it can get though 7.00 but not too much forcing since divi is getting closer.
go arr - go team go
Impossible to do as long as i lurk!
Maybe the panic is over now.
Mortgage rates have actually ticked up a bit since the feds announcement. Maybe people are realizing that since the fed isn't adding any new money into the equation, it's new program won't have much effect, if any.
And best of all, ARR is paying out $9.7 million to shareholders today.
What's unfortunate is that even ARR isn't immune to the European situation. When things across the ocean look bad the entire American marked reacts. Its strange because most of the stocks here are not tied to the Euro or their markets. Just people panicing, thinking they'll get out or get in, which drives prices lower usually. Then people who think they know more than they really do start blogging about this or that company being badly managed or going in the tank or some such nonsense. ARR is tied mostly to government backed mortgages which are solid and not effected by other markets. Stay calm.
How much ARR stock is held in ETFs?
jrfillion , I FULLY AGREE with your statement ! This board should focus on ARR , which , in my opinion , is a good buy going forward with a great dividend . I have voted { yes } on the upcomming changes that ARR is proposing .
i agree as well we are here about the stock. i appologize for the Distractions. I would rather hear about the stock thank you for the reminder.
I voted yes as well. I don't think they came up with a business plan designed to destroy the company.