% | $
Quotes you view appear here for quick access.

Western Asset Mortgage Capital Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • eyesandears51 eyesandears51 Oct 12, 2012 3:13 PM Flag

    Wow, down 4.3%, what the heck is going on???


    I believe you will find that that the real reason for the share decline of MREIT's today is concern that they will announce lower yields to offset margin compression, resultant from the flattening of the yield curve and the open ended $ 40 billion/month mortgage purchases by the FED. I commented in greater detail about the overall risk/reward in a blog several minutes ago. For purposes of disclosure I have reviewed the financials in some detail and the experience of management and made a rather large buy today.

9.17+0.070(+0.77%)May 27 4:01 PMEDT