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Post by clinton on May 29, 2013 10:06:02 GMT -5
my ARR is just getting destroyed they say because of the bond drop yesterday well the TLT is green today and still getting crushed anyway I hate when the sellers freak out and trigger a cascade
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Post by clinton on May 29, 2013 10:14:40 GMT -5
so if the market pulls back for the summer, Id imagine bonds rally again and REITS make money after all.
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Post by clinton on May 29, 2013 13:29:30 GMT -5
1:39 PM They're small purchases but purchases nevertheless. Armour Residential (ARR -1.5%) co-CEOs Scott Ulm and Jeff Zimmer each step in and buy 5K shares of company stock today, one at $4.97, the other at $5.02. Ulm's buy hardly moved the needle on his holdings, but Zimmer added 8% to his stake. As low as $4.82 this morning, the stock has rebounded to $5.20
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Post by yjfang on May 29, 2013 19:13:54 GMT -5
It has been painful holding ARR. Let's just say I hold enough in the accounts that I manage that each 10 cent move is $10K swing.
I hope last night / this morning was the capitulation.
I was thinking I could hide in ARR (given that the markets are so high at the moment) and just collect dividends rather than worry about capital appreciation.
I definitely did not expect some rate hike talks would lead to such a dramatic melt-down in a matter of 10 days.
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Post by yjfang on May 29, 2013 19:34:33 GMT -5
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Post by jacksrbtr on May 29, 2013 20:08:30 GMT -5
Rising interest rates have the potential of deep-sixing not only REITS but the entire market. The theory goes that people and insties will pull money out of this over-extended market for safe returns...and FINALLY with rising interest rates there's an alternative to stocks.
At least thats the theory.
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Post by yjfang on May 30, 2013 17:12:20 GMT -5
Got the $0.07 monthly dividend today...now only another year of dividends to go before breaking even....assume no change in price.
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Post by clinton on May 30, 2013 20:50:22 GMT -5
any opinions on LINE its at a 52 week low I cant get a bead on this company
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Post by jacksrbtr on May 30, 2013 21:44:23 GMT -5
any opinions on LINE its at a 52 week low I cant get a bead on this company The weekly looks like bearish consolidation fwiw. On the weekly it closed BELOW the 200MA...so far this week. If it confirms below the low next week you'll know the story I guess.
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Post by clinton on May 31, 2013 7:00:58 GMT -5
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Post by clinton on May 31, 2013 23:37:28 GMT -5
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Post by clinton on Jun 2, 2013 8:03:31 GMT -5
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Post by clinton on Jun 2, 2013 10:03:47 GMT -5
div cuts look like they are being priced in. If div doesnt get cut, its a great time to be a buyer. I only updated share price and the annual div today. all other numbers are from last week
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Post by clinton on Jun 4, 2013 7:14:24 GMT -5
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Post by clinton on Jun 4, 2013 18:48:10 GMT -5
What the Fed doesn't understand because it's made up of academics, says CYS Investments CEO... Tuesday, June 4, 9:19 AM ET What the Fed doesn't understand because it's made up of academics, says CYS Investments CEO Kevin Grant - presenting at KBW (presentation) - is the 30-year mortgage market is a forward market, i.e. there's no such thing as a slow adjustment, changes are priced in immediately. 30-year MBS are now priced for Operation Taper, he says, noting the large decline in 30-year vs. 15-year paper. CYS is loving it, picking up assets at spreads it couldn't have hoped to achieve previously.
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Post by yjfang on Jun 4, 2013 20:54:12 GMT -5
Any idea what was discussed by ARR at the KBW conference?
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Post by clinton on Jun 4, 2013 21:13:28 GMT -5
Any idea what was discussed by ARR at the KBW conference? Ill post if i find
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Post by clinton on Jun 5, 2013 6:26:23 GMT -5
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Post by clinton on Jun 5, 2013 11:56:16 GMT -5
Got the $0.07 monthly dividend today...now only another year of dividends to go before breaking even....assume no change in price. well at least with bonds rallying ARR probably wont need to cut the div again...I hope
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Post by clinton on Jun 5, 2013 11:59:36 GMT -5
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