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Capstead Mortgage Corp. Message Board

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  • baycommuter baycommuter Jul 29, 2011 2:55 PM Flag

    Question, please...

    A lot of this is just timing. If you bought in 2005, you'd have a double. The company's business model is different now than it was in 1998. The only important thing is what's going forward, and right now it looks like a buying opportunity next week if the debt crisis is averted (on the other hand, if it looks like default is a serious possibility, the overnight market for mortgage securities would get screwed up as happened today.)

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