The headquarters is 1075 Hendersonville Rd. Asheville, NC 28803. A general description of what they invest in is listed on Yahoo under PROFILE.
CLM is poised to close above the February high and is well above the 50-day and 200-day moving averages. The pre-dividend move puts it in a strongly bullish phase. The volume has been favorable. Technically quite strong.
Agree with you about the fact that this is not fear, but actual increase. The 30-year has gone up even more than 40 basis points and the others 2 yr., 5 yr. and shorter durations have increased. Nearly all interest-sensitive securities are being affected. Look at what is happening to municipal bonds. This clearly looks like we have finally found a bottom in the Treasury market and may not go back there for a long while. (years).
Hard to believe that these shares are cheaper now than they have been at any time over the past 4 1/2 years. A great deal of the more recent decline has got to be associated with outlook for rising interest rates. Even if earnings do come in weak, the selling seems to be overdone for us. Have not heard any noise about a cut in dividend. All of the medical shares seem to be under pressure today.
It is hard to find a member of management or a director who has purchased NLY shares any lower than today's price which means they hold million of shares that are underwater. The institutional and mutual fund holders seem to be underwater as well and they hold half the shares of the company. The dividends have helped them out over the years, but they are looking at capital losses if they sell. It is not realistic to believe that management does not care about the price of these shares! In fact, we suspect that they care even more than some of the disenchanted folks on the message board. Despite the past two-year decline, better days are ahead, but don't expect any miracles in the near future.
If Cruz would head an independent party such as Liberty Party, he'd get at least 4% of the vote in the general election. He has the power to defeat the next Republican candidate for president with the number of votes he could skim off the right. There are a lot of people who would vote for this nutbag.
If an individual is less than 65 years old and goes through a standard foreclosure in most states, they continue to remain libel for losses on the home endured by the lender for at least five years. The lender can seek to collect the money from whatever assets the individual has left. The stature of limitations expires after that time frame. If the person is retired and has only social security as income, my attorney says it cannot be subjected to a lien regardless of the time frame. Check law in your state with your real estate attorney.
Anyone know if a class-action law suit has been filed? There seems to be grounds for one if bankruptcy doesn't get in the way first. Have been checking invoices regarding my flooring, but don't think it falls within the probable guidelines of a legal action..
Dominion Power (VA) has announced a $700 million 400 megawatt solar plant in the state. My understanding is it should be completed in the next couple of years.