NLY

Hexum · 08-03-2005, 05:23 PM

What do you all think of Annaly Mortgage? Cramer has mentioned it a few times when it was 18 -19. Now under 16 with a 10% dividend it sure looks good. I think when the fed stops raising rates this could be good for the long term.

cnelson · 08-18-2005, 04:12 PM

I agree. So much so that I picked up some shares recently. Its down a touch, but NLY seems like a solid company that should perform well once the Fed settles down.

optimus25 · 08-23-2005, 03:31 PM

I use to own the stock and wished I could have sold it at the $21 level. The rising rates will definitely hurt the stock as well as the proposed slowdown of the "housing bubble".

I agree the stock has a great yield but it use to be better. They reduced their dividend when I owned the shares. Stock price took a hit after that. So, be careful. Check out the S&P Report on the stock. Otherwise, wait it out and see what happens after the next rate hike.

cnelson · 08-25-2005, 06:28 PM

It was downgraded by one firm today... got knocked around to the $15 level... seems like that is about the bottom for the stock. But yes, I could see this turning in to a long term play....

optimus25 · 08-29-2005, 12:31 PM

Stock hit a new 52 week low today. Starting to look better and better as the yield rises with the dropping stock price.

Hexum · 08-29-2005, 08:34 PM

I saw that. I am still not giving up on this one. Def a long term play now.

cnelson · 09-16-2005, 02:33 PM

I'm getting hammered by NLY - down over 10% today! Still think long term this stock could be a winner. I wonder if we're at 'Mon Back time?

optimus25 · 09-16-2005, 02:43 PM

NLY got hammered because they are reducing their dividend. I owned this stock from $15 and watched as it hit $21. It was a good dividend play. I really wished I could have sold in the $20's then shorted the damn stock. Short interest was high and many analysts were bearish on the stock. That was a couple of months ago. The downside at the time was the rising interest rates as well as a possibility that they were going to reduce their dividend. And today it has come to pass. Here is the news link:

http://news.moneycentral.msn.com/tic...&Symbol=US:NLY

optimus25 · 09-16-2005, 02:48 PM

Small positive is insider buying:

http://moneycentral.msn.com/investor...asp?Symbol=nly

Hexum · 09-17-2005, 05:34 AM

Ouch... I have taken a hit on this. Not a good suprise today. Maybe i will buy a little more now that its so low.

08-03-2005, 05:23 PM	#1
Hexum valued contributor Join Date: Aug 2005 Location: Oklahoma Posts: 71	NLY What do you all think of Annaly Mortgage? Cramer has mentioned it a few times when it was 18 -19. Now under 16 with a 10% dividend it sure looks good. I think when the fed stops raising rates this could be good for the long term.

08-23-2005, 03:31 PM	#3
optimus25 forum leader Join Date: Aug 2005 Location: Orange County, CA Posts: 1,801	I use to own the stock and wished I could have sold it at the $21 level. The rising rates will definitely hurt the stock as well as the proposed slowdown of the "housing bubble". I agree the stock has a great yield but it use to be better. They reduced their dividend when I owned the shares. Stock price took a hit after that. So, be careful. Check out the S&P Report on the stock. Otherwise, wait it out and see what happens after the next rate hike. __________________ "Face your deficiencies and acknowledge them. But do not let them master you." Helen Keller "The man who can drive himself further once the effort gets painful is the man who will win." Roger Bannister My online trading Journal: http://stockmarketaddict.blogspot.com

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

08-18-2005, 04:12 PM	#2
cnelson valued contributor Join Date: Aug 2005 Posts: 164	I agree. So much so that I picked up some shares recently. Its down a touch, but NLY seems like a solid company that should perform well once the Fed settles down.

08-25-2005, 06:28 PM	#4
cnelson valued contributor Join Date: Aug 2005 Posts: 164	It was downgraded by one firm today... got knocked around to the $15 level... seems like that is about the bottom for the stock. But yes, I could see this turning in to a long term play....

08-29-2005, 12:31 PM	#5
optimus25 forum leader Join Date: Aug 2005 Location: Orange County, CA Posts: 1,801	Stock hit a new 52 week low today. Starting to look better and better as the yield rises with the dropping stock price.

08-29-2005, 08:34 PM	#6
Hexum valued contributor Join Date: Aug 2005 Location: Oklahoma Posts: 71	I saw that. I am still not giving up on this one. Def a long term play now.

09-16-2005, 02:33 PM	#7
cnelson valued contributor Join Date: Aug 2005 Posts: 164	I'm getting hammered by NLY - down over 10% today! Still think long term this stock could be a winner. I wonder if we're at 'Mon Back time?

09-16-2005, 02:43 PM	#8
optimus25 forum leader Join Date: Aug 2005 Location: Orange County, CA Posts: 1,801	NLY got hammered because they are reducing their dividend. I owned this stock from $15 and watched as it hit $21. It was a good dividend play. I really wished I could have sold in the $20's then shorted the damn stock. Short interest was high and many analysts were bearish on the stock. That was a couple of months ago. The downside at the time was the rising interest rates as well as a possibility that they were going to reduce their dividend. And today it has come to pass. Here is the news link: http://news.moneycentral.msn.com/tic...&Symbol=US:NLY

09-16-2005, 02:48 PM	#9
optimus25 forum leader Join Date: Aug 2005 Location: Orange County, CA Posts: 1,801	Small positive is insider buying: http://moneycentral.msn.com/investor...asp?Symbol=nly

09-17-2005, 05:34 AM	#10
Hexum valued contributor Join Date: Aug 2005 Location: Oklahoma Posts: 71	Ouch... I have taken a hit on this. Not a good suprise today. Maybe i will buy a little more now that its so low.