Originally Posted by otc
My AGNC shares have been beaten down. Dividend still seems solid, but questions about the fed and future interest rates have battered the share price. This means it is now yielding more than it was before (back up above 19%) so I am not going to sell, but it is making me wary for the future. The loss in share price has wiped out the dividends I have received over the time I have held it (I think I started buying it in 2010) but I can see it coming back if the dividends hold.
I dumped my NLY shares last week. There seems to be a general flight from this sector, regardless of the underlying fundamentals. I basically broke even on NLY with the dividends I've collected over the last few years but its my fault. I saw it happening and didn't move out earlier when it was still in the 15's.
Originally Posted by SkinnyGoomba
I generally avoid anything aggressively levered, then tend to implode at the darndest times.
This. Those dividends are mouth watering though.
Originally Posted by danL32
Thinking about buying $KORS puts at these levels.. anyone have any opinion on the stock? Doing some more homework now..
I did a few quick trades on it in the 40's into the 50's and always made 2 or 3% each time. I wouldn't buy and hold at this level personally.
In other news, I've been active lately. I was active late last year and early this year and sat on my positions to ride the upswing.
I'm out of DB to a very small profit, it just can't find any steam.
Sold BRCM, also small profit, no real movement.
Sold all my AAPL. I have a feeling their guidance will be weak. Sucks, I was one of the numb nuts that had AAPL 1000 written in stone. Still made out.
Added KRE, interest rates going up are going to be good for regional banks. Rather than target specific banks, I decided to go for an ETF.
So, opinions? I'm 122% up on STX, anyone follow it? I'm thinking of taking the profit.