I know. AI has been on a tear. I want to buy more but didn't want to chase it. Foolish me. Bring on that dip.
I sold ARR late summer/fall I think after they cut the dividend yet again and I put the $$ into NYMTP. ARR is a up a bit since then but so is NYMTP. I noticed ARR lost 10% of their BV last Q. Zero faith they'll get it back in Q1 but I guess we will see.
really all the data (as of Dec31st) for REITs is rather worthless, especially without mgmt commentary
Hence the reason I ditched ARR and never looked back. Hard to have faith in any management that hides behind those idiotic 8-k's. Loved those monthly dividends though.
the reason that book value took a hit was ARR management is brutal. Stick around if you want to see more.
She makes $26 million a year and continues to #$%$ up the portfolio so revenue is going down. Do ya think she is taking a pay cut?
I am sure it is nothing but a hell hole of a corporate culture but go ahead and apply reik...
No frail downgrade today but you got the pop you wanted Reik. Congrats.
Hold on tight cup it will take you for a ride. What I have learned this week is you buy on monday, sell on tuesday, buy on wednesday, sell on thursday......and so on and so on....
Maybe it is a long term hold and I have to learn to roll with it. This thing has a beta of 5 for #$%$ sake. I don't blame you at all for wanting to actively trade this thing. Just wish I did the same.
Ah well today is more about MTGE after the bell anyway. AGNC seems to have been treated well after earnings so hopefully MTGE gets the same.
Alkkov your experience with this stock is saying something . You are selling at just over $26 when a week ago you were saying that buying at $26.40 was a smart move. Makes me think AI is a hot potato and I should be trading this stock if I want to hold it at all. It's a shame because my interest in it was for a tax advantaged buy and hold. A pop tomorrow and I am out. But I'll always watch it either way.
I'll take a 4% bump to BV any day. Now let me go back to biting my nails about what Kain did to MTGE.
Bought 2k of AI yesterday so a pop would be great.
Does AI always react this bizarrely before releasing earnings alkkov? I am interested in buying but it's volatility is kinda freaking me out. I have enough issues to tend and don't really need another problem child. Any guess at earnings tonight?
If you want to take the risk then understand the warning sign. It is not whether or not they deviate from the expected dividend. The warning sign will be the destruction of book value. If they pay you 15 cents a quarter in dividends but the book value drops 30 cents.......ummm.....guess where they got the 15 cents to pay you.