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ARMOUR Residential REIT, Inc. Message Board

  • gwix98 gwix98 Jan 3, 2013 9:59 AM Flag

    The right direction

    Great start to year ARR!

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    • Yes, but unfortunately only the start is a correction.

      Well, not really "unfortunate", I don't want to upset the investing gods by making them think I am ungrateful. And it is possible to see ARR slowly atrophy each quarter as spreads continue to tighten.

      But such an atrophy wouldn't mean this stock is a turd, it just means the economics right now warrant the atrophy. As my retirement horizon is 15 years out I am ok right now buying more and more shares. Say 2014 and 2015 I should have a pile of shares that might be worth a handsome sum.

      I am going to keep adding to my share count. I just added 820 shares 3 days ago. I wasn't able to buy anymore as my IRA contribution wasn't available 3 days ago. Now that my contribution is available ARR has already had a 4+% correction.

      Sentiment: Buy

4.12-0.01(-0.24%)Sep 17 4:01 PMEDT

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