I WILL LOAD MORE TODAY -- LOVE MY 13% DIVIDEND
i agree to buy on dips. however i would wait till it drops below 16.disappointing earnings seems to be the trend now rather than a one time occurence
The selloff was a little overkill being that it should've stopped at filling the gap 16.72, so it will be rally - good place to buy !http://seekingalpha.com/article/349531-why-you-should-stick-with-annaly-despite-earnings-miss?source=yahoo
If you like dividends, why dont you buy ones that pay 17-18%.
I'll nibble @ NLY if and when it gets down to 16.25.During 4th quarter 2011, NLY lookeed like a bargin at 16.45. Went down to 16.00, then 15.80. I dollar-cost average down, expecting the bounce. The tough part is waiting it out for it to happen.No one can predict the exact bottom.Dividend probably will be reduced to near $0.50. Market is anticipating this will happen later. But the selloff due to lower earnings.Why didn't AGNC sell off yesterday, too, based on the same thing - lower earnings and dividend cut.Maybe NLY should have announced the next dividend payout too; not let investors guessing how much lower it will go?
NLY is NOT best of anything - not anymore. AGNC is a MUCH better buy right now.
Any chance this can go obove 20 by jan 2014. Calls are 10 cents, might be a 10 bagger if it goes to 21.00
I'd wait until the dusts settles. Nly could be heading into a down trend. Buying on a dip today is foolish
Interesting pre-market. Low of $16.56 but then steadily higher. At this time $16.74 and we all know real price will depend on announced dividend and divi guidance.