If any body wants to roll a dice with ARR management, JMI announced an SPO.
bought a bunch a while back. more today to average down. just in time for the next dividend ex on Monday.
I have been monitoring this one for GLAD characteristics.
Bought a position today at 19.13999.
Go JMI Go JMI Go JMI
I might sell 75% at 19.64,
if I could be so lucky and/or then:
Hold the rest of JMI for 5wks., collecting 2 "Jmidends".
2 JMIdends equals about one-half of an as of yet undeclared MTGE dividend at .90,
which is no guarantee.
After 5wks, we will know MTGE's dividend,
cut or not(or increase to 1.00?),
making adjustments at that time,
and subject to change.
It's a shame JMI doesn't have a Message Board.
Me too...I paid a thousandth of a penny per share more than you did, Foxy.