Lotta foolish resistance at $12.50. Must be a large short getting squeezed.
Im surprised at this level but I just added at 12.53. Anyone have any other divy plays? I already have AGNC, CIM, TWO, VGR and a few others. glta
I know there is about 23 million more shares added in February, but the dividend didn't change so this thing is probably being tanked by some shorts. Hopefully the SEC gets the wraps on this stuff.
I knew there would be some broad based attacks across the board in the months leading up to enforcement of the new financial reform rules.
Last gasps from short villians.
http://www.youtube.com/watch?v=F0IpqhtUwCM&feature=related
Still camping out here. That should change next couple of weeks. Could see a little bonfire.
IM BUYING ON dips, but cys on rises gives a good short hedge for longs such as nly and agnc if they fail to move.
so there are reasons to short this at the right time if you are wondering why people are short.
i was long into the day, out for a few cents, short 500 at the clothes, but just flipping around.
if agnc or nly dip and cys doesnt, cys shorts will show up and pair up.
Good read about the SEC's new enforcement against programmed sellers that don't pay transactions costs.
A short can take up a large position at an elevated price and then set up a panic slide attack at the bid price with alot of 100 share lots placed at the bid or below it producing a sell off.
The market is up and CYS should be following the trend but this horse is bleeding at $12.50.. These types of moves are gonna against the law come May when the SEC enforces the financial reform act.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_R/threadview?m=tm&bn=15171&tid=131119&mid=131119&tof=-1&rt=2&frt=2&off=1
no way, sec knows the games they play and has for some time, they are in on the scam. MM can shave the penny, 1/2 penny, dark pools, etc, etc, etc,
they keep saying these guys provide so much liquidity, really there was more real volume before this nonsense, and it was real trading, hitting and taking on the level 2, and thus transparency, now they act like if thse big scam artists are forced to leave there will be no volue, no way, the real trading will come back into the market and there would be more transparency and more volume like there used to be.
stop the cheating and let the real trading come back to the market!!!!!!!!!!!!!!!!!!
as for cys
im looknig for dip in the mreits, they have run against the market, and now looking for well cys wont x until 4/12 perahsp or so (aprox last year) and so one more dip and load up and hold and wait for 13 hopefully.
in the meantime the game is on in the others
that ex end of this month, one dip in them and ill start getting long (agnc, nly, cmo, hts, etc)
look for a dip in agnc adn get on it.
look for double up moves in nly adn hts and then short the 2nd top big time.
I totally agree... this is simply rigged BS. They will pay their $0.60 dividend as they indicated... so there's no other reason why this would be at this ridiculously low level?