so why did you get a thumbs down
maybe explain a little more what that means
oaks seemed like good internals.
so wmc just has their book and then hedges up and collects premium with that hedge???
then why are you holding them long??? hey I think these are going lower but I am long the same securities????
never understood that
its the dividend keeping these somewhat afloat right now - else the pain would be more severe due to the deletion from Russell and others.
sell on rallies.
but buy the ones that have beaten and shown good results
tcrd, pnnt, arc and ainv
use psec as a short to hedge it up if neeed as their results weren't as good and ticc while they beat they had neg origination (more prepays) and that will pressure them.
For me it will populate with the new ticker wtih 0.00 and then ill know its live and will be ready to bid
the other 2 have dividends tomororw and if they hold up after divi this will slowly make its move i hope
mitt made .69 but .12 was ex item in some ways
mitt has over $1.60 I believe in undistributed cash - they are probably earnining closer to 45 to 55 cents mitt is but has plenty of undistributed to goose it up and continue to figure it out
I don't think wmc has undistributed to help that cause.
Its time to go live normally
so get ready to add toomrow
WHATS COUNTS IT WHAT LOOKING FOR
CHSCP USED TO TRADE UP 30 TO 34 RANGE
SO IT DID COME DOWN
BUT THEN IT CAME DOWN WHEN THEY ISSUED THE CHSCO
RALLIED BIG AND THAT MADE CHSCO GOOD
NOW CHSCP 29.86 BUT .50 DIVI ANY DAY PROBABLY TOMORROW
BUT NO WAY 29.30 FOR CHSCP AND CHSPP IS 25.50
.90 IS ONLY WORTH 1 TO 1.50 AT MOST AND FIX FLOAT HELPS THE CHSCP NOT HURTS
SO IM GUESSING 27 TO 28 RANGE FOR CHSPP IF CHSCO STAYS 29 TO 30
MAYBE MORE IF LUCKY
BUT ILL TAKE 2 PTS.
TIMING SHOULD SEE IF COME LIVE IN MARCH THEN BUMP EARLY APRIL AND BUMP MID APRIL IS MY GUESS - WELL MY EXPECTATION.
YEP SHOCKING WRONG MUST MEAN MAKING MONEY?
BY THE WAY IM LONG 200 SHARES FROM .01 ON THE DIP SO
GUESS YOU BETTER GET SHORT.
That is your advice and input
wow i hope you post more
funny how .60 to .65 must explain self but .75 to .80 doesnt??
typical long idiots. Not all longs are idiots but many are - its okay dont worry - it will go up dont worry - dont listen to anythign including the conference call just listen to "glta!" yeah good one
They just arent very adept at pushing the stock around with the tools they have.
long and hoepfully a bounce for some loot.
Didnt chmi just shoot up today
i have mtge long but hey if good info then great but hes all over the map and says the long will go to 600 and the old long to zero
Yeah shady but it will trade 25.25 to 25.75 i assume then settle 25.50 but others are up and chscp 29.60 and chsco 28.48 so thats good
get 25.50 or so and you will get 1 to 2 pts with a bump early april i would suspect.
the other two are ripping back up to their prev range both should settle 28.50 to 29.50 range i would think after their dividends and 25 cents apart
if so 2 pts
else if you are long and the others fall hard which could happen if rates rip up - then temper what you are tyring to gain and take profits
spreads lower and leverage lower and neg duration to hurt book
but i think overstated - non agency and they continued to push more so they said at 50% into non agency justiffies the lower leverage which should help them stay up higher - and they should goose the divi if even just to get a bump and then crack an offering.
im not pimping it
2 others have 10k each and when it goes listed we will get 30k and then add to it if the others stay up
and there are 2 other reasons which i wont disclose
but its goinig up
get 500 shares and get the pop
dont worry about the duration via no maturity date
its a fix/float
that will help
but even if it doesnt it will pay
others at 28.40 and 29.44 tjhat spread will narrow to .25 and they will ex soon 29 28 and 29 roughly right now
it will start to drift up and early april you will see a big pop
so get some
2 pts coming
50, 55, 60, 65, 70 etc cents
can debate if will earn 50 or 75 but rather take that with a stable book then the whipsaw in book action
that's called hedging versus saying they were hedged up before - which realy meant they were levered up.
25.50 IF YOU ARE ON RETAIL AND CAN GET IT OTC
ITS A PREF
IF CHSCO AND CHSCP BOTH STAY NEAR 28 TO 29 THEN CHSPP IS WORTH 27 TO 27.50
SO GOBBLE UP 600 SHARES OR 6K WHATEVER AND MAKE 2 PTS.
I CANT BUY OTC VIA RETAIL ACCTS LIKE SCHWAB BUT ONCE ITS LISTED I CAN AND IF STILL DOWN THERE I WILL BUY 6K
OTHERS BUYING ON THEIR RETAIL ACCTS BUT I DONT HAVE ONE
Actually spot on if you think about it
agnc and mtge roared
plot wmc after ex it sat at 14.75 and did nothing 14.60to 15 over and over while mtge and agnc went up 8 to 12 percent
then wmc took off
now book should be down big but they went to -1 and more non agency adn lowered leverage while management told everyone they would be long mbs and gave no indication they would make such bigggggggg changes.
i think the lower earnings seems like a maybe - sure lower leverage but in assets that yield much more
and they can goose it if they have undistributed like mitt can do for 3 to 4 years.
now really you cant even compare cys to wmc as wmc has changed who they are but again led investors to believe they werent changing on the conference call after q3 results.
so even longs arent correct because wmc isnt the same wmc in just the past quarter they have become more of a mitt and will more of a mitt and nymt like as they pushed 50% into non agency
soon you might see the nonagency realm really beef up as bdcs are losing their index status and a wise manager in the mreit space would see that and simply open up a new hybrid that is really a bdc in disguse.