Gramercy Capital Corp. Message Board

Correct. x/d was 6/5. You can access the NATDF website by going to the SDRL website and click on related companies. You'll find the info there. Good buy on SFL, I got in earlier pre x/d at $16.30. Still holding ALDW but waiting for my "trigger" :~). GLTU.

Thanks SC4 but I would't touch a coal stock with your 10 foot pole.

By typing in the symbol NRZ at the top "get message board for:". :~)

Robin Your AWF would be interesting if not for the drumbeats about bonds. Looks like it's down a bit for the year and a bit lower might make a tempting buy. Will keep it on my watchlist. Like those monthly payers.

So did all REITs Robin. Ben gave the sector the hex. I'm still comfortable with the 10 remaining REITs in my portfolio as their basic fundamentals still haven't changed. A dividend cut is sometimes a good thing. No complaints about AGNC or MTGE as I'm holding them long term and getting 15+% on my money. No new gameplan. Was just ribbing turbo with the .09 bump in my sell price for ALDW.

All time lows for TCK was after it bought out Fording Coal and the fear was they had bit off more than they could chew. Lowest was in the $3s. With coal out of favor and steel demand waning TCK is a tough one to hold, especially since it doesn't pay much of a divvy to wait it out.

Yes, they've got their knickers in an uproar. Nice of Cooperman to defend the company. They deserve what they get.

I lied, put it in for $26.99.

LOL. Today the order will be for $26.90. Put it in now and forget about it. New strategy. I think the mREITS will be bouncing back nicely now, especially MTGE, which has a better allocation of agency/non agency paper than AGNC. I do expect them both to recover nicely though. Most of my other REITs have either held or raised, save TWO which cut .01. I can live with all of that. Unloaded WMC and AMTG last week to think out my REITs. Added a bit of SDRL and picked up a position on SFL on the SO. Owned it in the past and regret ever having sold. Now paying 9.75% divvy (today's x/d day).
Regards,
Bob

Huff, I can commiserate with you. Have had a shoulder problem going on a year now and nothing has helped. Xrays & MRI shows nothing torn or damaged, 2 cortizone shots didn't work and 15 p/t sessions the same.. Doctors (2) say it will go away in time and no surgery necessary. Can't even swing a golf club. Hope it heals quickly. My wife went through hand surgery a couple of years ago. Not pleasant.

Regards,
Bob

Gogo, you beat me to the punch, word for word!.. Hope all's well.
Bob

Vin, the comments on the SDRL conference call, re: NATDF lend me to believe there's something substantial coming down the pike, a merger, partnership, or something similar. Added a lot of NATDF about 2 weeks ago. Either way I get paid handsomely to wait.

Usually they'll tell you the total funds raised from the SO and leave it to you to figure out the offering price.

Hi Wally. Yes, do own both and expect a nice pop in share price tomorrow morning (a/h showing strong upward prices). Investors have been anticipating a dividend cut in both ever since the most recent earnings report. I'd favor MTGE over AGNC as they're much more into non-agency investments, vs. AGNC's strictly agency paper. I think they can both maintain, or even raise back their dividends in the next quarter or two. They're both still paying well over 15% with the cuts. I'd guess about a 10% price rise in the next week or so
JMHO.
Regards,
Bob

AGNC cuts to 1.05, a bit better than expected. MTGE cuts to .80. All in all, with the turmoil in the REIT sector, not too bad.

Whoops, AGNC just declared $1.05, cutting from $1.25. It was expected they would be at $1.00 or below. MTGE also just declared $.80, drop of .10. All in all I'm satisfied and expect the stocks to start rising now.

NYMT maintains. So far most of my REITs have either maintained or gone up, BUT still awaiting AGNC and MTGE.

Have another ALDW sell in at $27.25. Will continue to press it until it triggers. Almost yesterday.