Just unloaded 22000 shares at 16.69. now i believe i will sit and hope for it to fall back. not a bad deal. figure with the .55 div I got approx 17.24/ hoping to see this crash lower now. this baby is simply riding the market wave today Thrash Man
What is too bad? He made a profit and went to the sidelines? Any profit is a good profit. I wish I would have listen to that inner voice more often in the past and got out when it was telling me to. I am long NLY and will continue to hold until I see some inflation.
You lost .26 * 22,000 shares = $5720.00 by selling now, just today. This stock is going higher, the chart shows this. I don't think your going to see the pullback your expecting. If the market tanks because of Europe, this stock is a safe haven, it won't pull back much from here. Insiders buying, I don't think the dividened is going lower, it might even go up from here. Why else would the insiders be buying now.