but hey he has little money he says in mreits but cant wait to go from merit board to merit board bashing me - not sure why other they he is a clown
Thats because book is important
wmc isnt att - thats a whole diff sector
book value isnt important wont get many people to agree with that except for idiot lennie and not because you are an idiot but only because idiot lennie goes against all i say no matter what a say.
for sure i am wrong alll day everyday but right more then enough
but this clown just has one purpose - follow you on the message board and give thumbs down and say im fake and pretend.
but if you watch he will sneak in a question about mreits since he doesnt want to work or do his own work.
ticc divi - i kept 8400 or so long hedged up with psec - but did you notice they caught a bid - probably the talk about rates going up (yeah okay) - and so the floaters will add value versus the fixed setups.
Were you impressed that book was flat on 2 pt mbs drop in q4 last year?
and book drop isnt bad considering -1.1 duration - personally i think they traded around on that and it has helped them a bit at least in the first 2 months
they are hoping to be like efc
flat book - and make solid alpha money - but good luck making 15 to 17% - try for 10 to 12% maybe 14
cuts coming unless climate gets more visible and easy and they ratchet up more leverage.
Like a trader - i have 40k in dividends this month alone???
i trade for sure - 800k shares today - but i have longer term and if i thikn those are heading lower - i dont care if i bought today or 3 years ago or if there is divi or not - ill trim my longs and or move to short if there is risks to larger downside.
i dont think i was wrong about the risks on this one - so my logic was there on why as it moved up the risks were mounting
2 things - ill be long just as likely as a short if there is a good reason - i have agnc and had nly long and both looked easy to maintain their divi
i had arr big short as it wouldnt go down yesterday with others and it has the duration risk.
that paid and flipped to small long as others rallied.
2 - dont listen to lennie - he was wrong all day on mtge then moved to arr/jmi boards and is a clown and wrong there too - and now hes a bozo on this board providing zero useful input.
i might be full of #$%$ but somehow i was right on this one about book and divi cut - though i did suspect they might goose a divi to pop and offer but they didnt.
It will if mbs is stable and or heading up
or they just time the heck out of their duration
there ill put that post out there for you
you should listen to logic
lets review your statement.
you say your cost is 14.92 - this is a fallacy - stocks market to market - if the risks are mounting you dont just say my cost basis is 14.92 - this is as silly as saying i dont lose if i never sell the stock -
now i wont attack you because you have been pleasant but i find your logic shaky.
afterall you are also joining in with others with your posts - what if their costs basis is $10.00 or $18.00 - would that change anything - no? but under your reasoning the answer is yes and you should clarify such so that others know what you mean -
example - if my cost basis was $18 should i just stay long??? i mean what if a divi cut is coming or book premium risk is rising - why have that risk whether you are long from 10, 15, 20, 30 - whatever
now if you think the stock is going higher - well thats fine - but who cares what your costs basis is really except for cash flow via tax liability or if you can give another reason???
because no one listens to the risks and gets greedy for the reward.
wait i mean - glta!!!!!!!!
how come my fake bids show up on the level 2 box???? strange????
hit this down and make some that ignore risks pay up
oh wait its not wrong
but spin it - tell us like the tv clowns how yellen mispoke - but then they tell us that banks are runnin because of perceived rate increases and you saw bdcs runnig a little on the interest rate hikes potential -
so yellen was wrong but then shes right for the banks on the same statement.
idiot comments typical of a lennie like posts - contradictions in the same sentence.
shares there - in my pretend account.
on the bid to cover my shorts
for sure that lennie was wrong
as were other divi pumping idiots.
book would be down as gracie mentioned to see in the conference call that they went hard hedge to -1 duration
and less leverage and push to non agency would pressure mainting the divi
before you say its still great - its not bad except offerring risk still there and bigger now
is book down and offerring risk higher??? yes
was the divi cut from .70 (or the crazy .80 or higher other clowns mentioned)? yes
look est is 15.18 but thats before the divi pay of .67 and 2/3 of that is .44 or so strip that from 15.18 and you get 14.72 or so
down about 3 percent on 2 pt bounce in mbs up until end of feb but so far in march mbs is down 1 pt from there.
i think they are levered less and or hedged up less tight but gotta suspect book back up near 15 to 15.25 but again thats before you pay the divi so gonna end near 14.75 to 15.00 after the divi
and .67 is less then the .70 (.80 adjusted for new shres)
so lets see book is lower - several said that (not the cheerleader longs)
divi cut .67 v .70 est (.80 or higher was a dream by some but they should have done it so they could pop and offer)
so yield near 16.75 - compressing down to mitt like - as they said they are pushing 50% to non agency - so the pressure is coming
got out fo some shorts at 16.52 there and i coudl see 16 to 16.25.
but i know lennie its not really down????????
how did today work out for you?
I know as a long - he has less money today.
lets see i sold 16.85, and i sold more above 17 and i got out of lots at 16.65 lennie.
thats called profits.
mreits were very good today.
hey i am long and make money on the up days but the same long just pretends he didnt lose on the down day - it sounds like you are pretending lennie
Hit mbs down 2/3 of a point and that shift to non agency and negative duration look better.
first of all - net short wmc paid up lennie - and once it went down enough just like amtg it was time to load up amtg and then also flip out of shorts in wmc
wmc - i wont really rush to buy but not in a hurry to sell - if mbs rolls over more wmc looks appealling if it falls too much