We now know you have no idea what you are doing considering you were 100% wrong. You couldn't have been more wrong. Hey you're on the internet so you can just change your name so this dismal call doesn't follow you around.
You know that Jeffrey Zimmer who was the CEO at Bimini during this time was relieved of his duties 5 or so years ago. He now heads ARR. If you look at the pattern of stocks first Bimini then ARR, one who is halfway intelligent, would conclude that he was the problem or cause. If you come to that conclusion then yes Bimini has changed its stripes hence Orchid too. You may also conclude that The one that hasn't changed is Jeffrey Zimmer and your issue with Orchid is actually ridiculous. This would also lead us to conclude that you are nothing but a big mouthed idiot who has no clue what they are talking about.
So you are worried about it going from 14 to 13.97? You lost .03 cents? Huh? And you're not in the dark as you pointed out they have 27 million more to sell. You are aware so stop whining. Go buy the others if you dont like it. What exactly besides the dividend are looking for in this stock? Lots of diliution while the stock goes up the portfolio goes up and eventually the dividend goes up, Lots to complain about you knucklehead.
WHat in the world are you talking about? What a bunch of rambling garbage. If you have any inkling of what you are posting can you tell us the MBS level pricing prior to and after these transactions? Are levels optimal for purchasing or selling in your mind and why? You do realize the only way to grow a REIT is to have more working capital/cash. So in Q3 if they come out and the balance sheet has risin respectively to the cap raises will you come on here and state that you have no clue what you are talking about and will no longer speak about topics such as this? As for salary/bonus if they raise capital, increase the bal sheet and income, dividend do you think they should raise their salary? I mean you dont just call someone and say hey i need some money give it to me. There is a lot of work that goes into it. If you are so good at it or its so easy why are you on here and not raising cap running a REIT? Gotta love idiots like you who just talk to her the,selves talk.
Can I ask you why do you say they are way more leveraged than other MReits? Can you read a 10Q? If so please go ahead and review a few mreits and I think you will find yourself editing your post. What I am saying is your post is Wrong.
Can you please explain where they are "slick" or "crooked"? You cannot make an accusation such as that and then not explain the hows or whys. I find you to be a disgrace. You need to be ignored by everyone now for making such claims without backing it up. To everyone else johnsonjoe is incorrect with his slander. If you read any SEC filing by ORC it is explained that in the past Bimini(shareholder in ORC) was once run by Jeff Zimmer who is now the head of ARR. Under his direction, as CEO, Bimini purchased a mortagge company called Opteum Inc. at the highs in 2005. That entity ended up have many legal issues which led Bimini to its almost demise. Mr. Zimmer was fired or let go along the way. Since then Bimini has treaded water no doubt but management has kept it afloat and now has taken ORC public. So again johnson I ask you to provide concrete evidence of the crookedness. If not back down and apologize. I own some shares but mostly I dislike big mouth wanna be traders running their yaps as if they have some great inside intel when in fact they do not.
But what happens if they either A. cant pay due to an unforseen event or B. they invest the wrong way(as they have in the past when they sold to early in the summer)? They will get sued and be run out of business. Thats a bit of a bet don't you think, like being a cowboy.
Have you actually read this board? 95% of it is garbage including yourself. You seriously post on my thread and point out that I called someone a knucklehead while you have hundreds of posts calling people names and other #$%$. Your pathetic. If you need I can pull in all your posts for you so you can see the nonsense you spew at people daily.
I have done what I can with the funds I have and have done fine with my calls. I am making a point that i think is relevant. If you can counter without silly nonsense then all the better.
are not driven by income generated, stock price, MTM(performance), spreads, but solely on how much capital is raised as fast as possible. Think about that for a second. Seriously even if your the most ardent fan that must give you chills. That means the sole driver of management is to raise as much capital as possible before the faucet is shut down. Which in turn means shareholder value is of no concern until after the faucet is closed. That is insane. Once the faucet is shut down the fees are already boosted and locked in no matter what. I just do not understand how anyone could invest in and trust an outfit where the main goal is not on shareholder value or portfolio performance but of raising capital to increase mgt fees. Right now and since the beginning of this outfit management has made millions not to drive peak performance of a portfolio but instead to be salesmen. How does that not #$%$ you off?
Sentiment: Strong Sell
Actually ARR JMI are two companies under one management. Do you know what your investing in? The other two companies in Vero that are MREITs are also under one management. They are BMNM and ORC. Both are in quite nice places. ARR/JMI is in a brand new office over looking the ocean. BMNM/ORC is a few blocks back. Zimmer of ARR started 3 of the 4. BMNM was his 1st in 04; ARR/JMI came along later after being fired at BMNM in 07/08. ORC is a new public company(Feb 13) brought out by the CEO & CFO of BMNM. Both were employees under Zimmer during his reign at BMNM. STop being a lazy bastad and do research you #$%$ clown.
It is concerning and its not as simple as a normal growing company as some guy said below. You are correct to point this out and it will be noted in many reports tomorrow. The question becomes will those expenses continue in 2013 and will they pay off. That is what it comes down to. They should have done a better job controlling this so margin %'s do not get knocked off. If they increase again like this you can expect a 20% HC in quarter this happens and is not covered by profit.
Can you explain why this is really great? Ill give you the opposite side. In the PR they made a huge deal about YoY Q4 rev being up 80%, right. Ok well in 2013 they gave total revenues of 127.5 to 129.0. If they do 127.5 that 31.88 per Q. Now tell me what is the % gain in revenue YoY Q4 2012 29.8mil to your 2013 average 31.88. Thats like squat. The stock will not tank for sure but this will head no where. There is no more 80% YoY growth. Its 18% if they hit. If volume drops forget it. Good luck man. Ill go short here 22.50.