The writer of this article makes a good point all except two of the 24 mREITS MORL is composed of are trading significantly below their book value, on average 20% below their value.
I know its difficult to see these down days but what i do is always put a stop loss on my stocks, hopefully at a price close to my pps. Good Luck longs
Tofay it's down by 4% buts it's two principle holding NLY and Agnec are up by 0.10% to$9.76 and 0.06% to $17.81,respectively Further the 10 year bond is down by 5.11% to 1.75% due to a race to quality
To make it simple as well as accurate Morl dispecreced 12. Dividends in the 12 month period ending 1-11-16 the total amounted to $4.68 on a monthly basis the divi averaged $0.389o leading to a current yield of 41.9%
The dividend was reported today by UBS with twelve other dividends for ETN's it supports, it was slightly less than $0.04, look it up
Another example of this manipulative shorting is today Morl is down by 4.17% while it's two largest holding NLT and Agnc is down by only 0.84% while agnc is up by 0.41%
I think ill go into my basher chorus just for alf
Where have all the basrerS gone.......?
Long time passing .......
When will they ever learn .....
When will they ev........re Lear ! Lol
JPMorgan on mREITs: Valuations too compelling
Jan 26 2016, 10:58 ET | By: Stephen Alpher, SA News Editor Contact this editor with comments or a news tip
Mortgage REIT valuations "appear untethered from traditional metrics," says the JPMorgan team, led by Richard Shane, in its upgrade of MFA Financial (MFA +2.2%). Not upgraded today, but also with Overweight ratings are American Capital Agency (AGNC +1.3%), Apollo Residential Mortgage (AMTG +1%), and Ares Commercial Real Estate (ACRE +1.3%