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Hatteras Financial Corp Message Board

  • mmports2010 mmports2010 Nov 14, 2012 1:10 PM Flag

    Tempted to average down

    With the steep decline in the past few days due to the fiscal cliff (which I don't think Congress or the President are stupid enough not to reach an agreement) even though I know taxes will increase is it worthwhile to increase my position and take advantage of the higher yield? Any ideas or comments?

    Sentiment: Buy

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    • mmports,
      Love the EPS.

      Sentiment: Strong Buy

    • This is a really well run company, from what I have read. But just take that as an opinion since I don't have an article to support the claim.

      So let's just say we get .80 div. that's a yeild at current levels of over 13%

      I know it sucks to pay higher taxes, but where are you going to go and get a 13 yield, return, etc..
      I can't imagine anyone long on this is selling. It's an awesome opportunity to cost average your basis down, and position yourself for more div.

      The housing market is correcting, and it's gaining momentum. Refi are going to happen with low rates and an improving housing market. I think HTS will have a great year in 13.

      IMO buy all you can at these levels cause when the idiots selling figure out their mistake they will look to get back in at a much higher cost basis.


      Sentiment: Strong Buy

16.11-0.07(-0.43%)May 27 4:04 PMEDT