|Day Low/High||12.15 / 12.28|
|52 Wk Low/High||4.95 / 21.15|
Want to invest in a sector that's getting bailed out? You've found it here.
You can put your capital out there and hope that other investors are willing to pay more for it later, or you can buy streams of cash flow and reinvest them. Guess which one I would do.
This portfolio is designed to produce a blended yield of 6% to 8%.
Follow the 'no-brainers', the 'in-progress' and 'reconsidering' investments.
Armour's next move will be higher, although management will postpone that as long as possible.
As mortgage prepayments drop, this REIT strengthens its balance sheet.
The New York Fed's MBS purchases should keep a floor under mREITs.
It was obviously a difficult quarter for the mortgage REITs in general.
Stocks that trade below book and have insider buying often outperform.
This mREIT should be alluring to those with a contrarian streak.
Are dire forecasts for the mortgage-backed-securities market true?
I believe there is a bottoming here and we really have seen 'as bad as it gets' for the mREITs.