Your stock is falling off a cliff and has been for a long while now, when do you plan on providing your common shareholders some realistic idea of expectations? Better yet, you should resign!
Well, could be the sellers have to repurchase before some positive event occurs, thus they must sell now. I'm not being positive on this company, just objective.
Management is now incentivised to issue more common shares on a continuous basis since their salary is based on share count, this activity will dilute existing shareholder dividend income on the same basis.
"No dividend for a couple months."
Got a link to this info, or is this a prediction. Today's reaction was all about return of capital vs return on capital, I expect this behavior to extend well into the future considering that Denahan will dilute common shares as fast as possible, in order to maximize her personal income.
Peanuts to an elephant like that. And, retail on this board with no real money are impressed, ignoring the fact this amount for this guy is token LOL!
The individual investor doesn't have the skills necessary to determine when something is being managed by a rip-off artist, just look at most of the posts on this board as a good example.
Don't count on it, that #$%$ has it made on the backs of common shareholders as she extracts all their remaining wealth, she can't step into the spotlight b/c someone will confront her with a reality that she won't be able to explain or defend.
I believe this thing will be lucky to stop at $8.50, there's no reason to believe it won't cease to exist considering the risk structure and rate of flight of capital. NLY isn't too big to fail and Denahan has enabled the structure for wealth confiscation by removing the direct failsafe. Anyone with brains is GTFU!