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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. otc

    otc Well-Known Member

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    What do you gangsters think of NLY, which is Annaly capital managment.

    I have owned AGNC which is pretty similar for about a year which has done quite well. NLY pays a slightly lower dividend but is larger and a little more diversified so less at risk of collapsing if their strategy dries up.
     
  2. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    My worry is that they will be squeezed as the interest rates rise.
     
  3. otc

    otc Well-Known Member

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    My worry is that they will be squeezed as the interest rates rise.

    It looks like the consensus ratings on both AGNC and NLY are both pretty strong buy. At one point I considered adding some NLY but ended up taking a broad REIT fund instead.

    What I am trying to figure out...is what are these guys going to look like when they go bad? When interest rates rise, they won't be able to hold up their dividend so will the price crash and the yield stay high or will the price drop a few dollars but the yield fall to 4-5%?
     
  4. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    I'm with you on that on, I've tended to steer clear of them so far simply because of fears like that. One of my friends has been on a similar company (CIM) for a couple years, infact at this point the dividend has returned him enough that he's already been paid out his original investment.
     
  5. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    Wow BAC surprised me yesterday....now crank up that dividend dammit!!
     
  6. stimulacra

    stimulacra Well-Known Member

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    Lost it big on XPRT...

    Was hoping for some different news before the details of the strategic alternatives came out (I am in the industry and couldn't accept their valuation...didn't expect the end result to be the company being broken into pieces).

    At this point it isn't worth selling and I am gonna hold on just in case.


    They're up to $0.33 today.
     
  7. Slopho

    Slopho Well-Known Member

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    Wow BAC surprised me yesterday....now crank up that dividend dammit!!

    Did you read the piece in the Journal about Moynihan asking the Fed to approve a "moderate" dividend increase for the second half of this year?

    They expect an answer in a few weeks.
     
  8. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    Did you read the piece in the Journal about Moynihan asking the Fed to approve a "moderate" dividend increase for the second half of this year?

    They expect an answer in a few weeks.


    Yep, looking forward to the answer. I think alot of people are interested in seeing banks start cranking up the dividends.
     
  9. CommanderPeanut

    CommanderPeanut Member

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    lol, interesting.

    Hope you own it. I do not. This explains what they were doing with all of that cash lying around [​IMG]

    What do you gangsters think of NLY, which is Annaly capital managment.

    BAC and WFC are treating me well today.



    I have some money in NLY right now. I look at is as a short term place to park extra cash. As you're mentioned, interest rates will hurt it, along with all other REITs, but NLY has done pretty well in the past year, and I don't see interest rates going crazy any time too soon.

    I also considered CIM, but chose against it since it's more volatile.

    What else are you currently looking at, Skinny?
     
  10. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    Same reason I decided against CIM. One of my friends loves it, but he has a much higher risk tolerance than myself. I have a low risk tolerance when it comes to business models that have the ability to blow up when the tide changes, which CIM strikes me as.

    I'm haunting the oil producers, but waiting for the prices to fall a bit. I've owned XOM and CVX since dec 2009 and they've done well for me, I bought them again during BP's mess. I paired down on them when they hit the recent high prices, I'm holding about half of what I held. I might return to them if these prices stablize. Probably RDS.A and COP instead of CVX/XOM since they pay out higher dividends.

    I own basically just Grandma stocks, but venture out once in a while. How about yourself?
     
  11. CommanderPeanut

    CommanderPeanut Member

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    Nice move on those oil stocks; I'm sure you saw some nice returns. I'm actually pretty new to investing (only a couple years out of college) so I don't have too much in yet. Right now I have most of my money in stable bond funds just to pick up steady dividends until I find something else I want to put it in. I need to learn some more macro stuff before I decide what to do... Lots of people talking about another bubble right now.
     
  12. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    Thanks, worked out well and now they're returning to normalized pricing, so I may do more buying once it shakes off a few more %.
     
  13. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    Hitachi, but not just yet.

    I know it's not a 'hot penny stock' but this one might get interesting.
     
  14. Slopho

    Slopho Well-Known Member

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    Thinking of getting into Yahoo (YHOO) if it his $15. Thoughts?
     
  15. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    I dont think very highly of Techs, especially ones with very high competition like Yahoo, I use google and I think google is much much more innovative.
     
  16. joelmthw

    joelmthw Well-Known Member

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    anyone using hedging strategies? im lookin for some new ideas. im currently using the 20 year treasury inverse as a hedge for now
     
  17. otc

    otc Well-Known Member

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    had some dividends from my blue chip holdings sitting in my account so decided to load up on XPRT and see if anything happens over 2011. Penny stocks represent like <2% of my portfolio but they tend to be the most fun and offer the best stories.

    They're up to $0.33 today.

    Hope you got out. The bits and pieces are being vacuumed up.
     
  18. Slopho

    Slopho Well-Known Member

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    Mini flash crash going on this morning. This may provide a good entry point as I think next week stocks should recover.
     
  19. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    I'm going to hang out, the BP thing took a while to sink in, I think this could be similar. BP started in april, reached its lows in july and the market didnt fully recover until october, about 6 months from start to finish, so if anything I kinda doubt that it goes away in a week, I think i'll start looking at buying around Dow 11,300, the BP crisis sheared 1500 points off the dow from april til july, this may be similar or more since we're at a higher level and stocks arent as depressed as they were considered in early 2010.
     
  20. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    on a side note, S is rockin'
     

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