LENNIE I HAVE TRIMMED IN ALL AS I SAID IN EARLIER POSTS I HAD 1K LONG CYS COMING IN
And bought each dime down and got 1500 extra at .46 out all at .60 and rebuying the dip - i dont want any big positions into divi declares
however, i did sell 3600 shares of wmc at the closing price premarket (there was a big order) and i got out of all of it at .68 so .93 - .68 is .25 for 3600 shares - so that was easy thousand.
mbs was down big and wmc at the close. - thanks.
i am long 2500 cys now looking for a 10 cent pop but it will all depend on mbs
wmc im flat and looking to sell up at the 15.93 to 16 range
so doing just fine
what i did notice is mbs slammed adn still near worst levels but mreits 2 to 3% off their lows - divi declare soon and p/b discounts are big - good risk reward - so im net long 50 to 100k - looking to up it to 300 to 500k but not until mbs stabilizies and ill use rem much more then anything else for now.