Annaly Capital Management, Inc. (NLY)

[big-yank]

Since they just announced cutting their quarterly dividend to $.25/share, a 2/3's haircut, I think I would reconsider and take them off the alternatives list. You made a better call on that one than I did.

[Sport2417]

I don't know about COP 52 week low 32.00 . High 72.00 sitting around 38.00.. I think this has shown some pretty good risk as well. unless you can tell us something that's going to stabilize the price of crude.

[big-yank]

Bad move. Unless you truly understand mReits, this is among the riskiest of investments. The divvy has lured many an innocent trader into catastrophic losses in this sector. Do yourself a favor and investigate some safer high divvy alternatives like Cheniere/CQP or ContinentalPhillips/COP which have some risk, too, but not like this, AGNC, TWO, HTS, IVR, ARR, CIM, or the other high yield players like Annaly that can get crushed if the Fed follows through on the threat to raise rates 4 times in 2016.

I never use a stop loss, but for a novice in this sector I would recommend one to you. I sold all my mReits in 2012 and bought a golf course condo with the profits, so I respect the investment potential here. I am actually considering getting back in, but only with a hybrid Reit like Seritage that Warren Buffett just bought into in a big way... like 8%+ of the company.

Good luck!

[LORTAP KCOTS]

ROI

[titi]

I am a New Shareholder of NLY.
Bought it for the High Dividend.
Any Opinions?

[Just1MoreUpTick]

Well understood on my part. Been holding AGNC & NLY for quite a while now. Still can't beat the divi here with these.

Agree most do not fully understand the risk but hey... where else can they pull 12%.

If interest rates start to rise I'll be one of the first out though...

Happy trading!

[bar1080]

Great that you read that entire piece. You now know more about mREIT risk than 99% of those who buy them. Learning about their checkered history isn't easy since existing mREITs don't go back very far.

mREITs are often bought for retirement income where the focus should on failure risk rather than on the size of next month's dividend. Key point is that these trusts have failed... fairly often, and not always so long ago.

Those who insist in buying mREITs should look into the underlying portfolio, with insured agency MBS historically being the much safer way to go.

--
On that 700% mentioned in the article, note that years ago, amid much higher inflation, it was easy to earn 7%, 8%, sometimes even 10% in long term bonds or even bank CDs with almost zero risk.

Generally, mREITs have been poor retirement investments.

[Just1MoreUpTick]

Could have read a bit more of the article, no???

Now, don't be too alarmed. Over those 44 years, you would have received huge dividends, and your total return, provided you reinvested the dividends, would have been nearly 700%

[bar1080]

"MortgageREITs: Shockingly High Price for High Dividends"

"A historical look at mREITs
Mark Twain once said, "History does not repeat itself, but it does rhyme."

Mortgage REIT investors need to know how difficult it really is to buy, and hold, an mREIT over a long period of time.

Suppose you invested $1,000 in mREITs when they first came to market in 1970. What would your investment be worth today?

You're not sure? Guess. Just throw out a number.

When I tell you the answer, you're probably going to be in disbelief. I was.

The answer is $56.90. Yes"

http://www.fool.com/investing/general/2014/01/25/mortgage-reits-the-shockingly-high-price-for-high.aspx

[IVforlife]

just picked up a starter position, looking good here

$NLY$

[Miracleman 1]

Played an option and then exercised.

[Miracleman 1]

Nice to have CEO as hedge fund!!!

[Miracleman 1]

Anybody looking for PR here soon?

[moe_the_gyp01]

Annaly CEO buys $1M worth of company stock



http://seekingalpha.com/news/1936115-annaly-ceo-buys-1m-worth-of-company-stock?uprof=29

[jeslookin]

Today was the ex dividend date

[ATCrunch]

Looks good. Sold today. could be a buy

[Anticipating]

NLY

http://seekingalpha.com/article/2269213-what-is-annalys-dividend-payout-over-a-full-business-cycle

[Anticipating]

Nice buy's after the bell!!!
Including this one 2,249,551
BOLTA

[garriswh]

I snagged a few shares when it dipped below 10. Holding for now, not really sure how to feel about REITs going forward though...

[moe_the_gyp01]

Just placed an order for 1000 @ 11.69. Already hold 1000 at a bit higher. Should execute shortly.

Update: Cancelled order sold 10 Oct 2014 13.00 puts for 1.85 which would put basis at assignment of 11.20. I will miss 600 in dividends but will be completely offset by 1850.00 in premium that I should pocket insofar as NLY will likely remain range bound and likely not exceed 13.00 by expiry.


Mon May 19 12:54:05 2014 Sell 10 NLY Oct 18 '14 $13 Put Executed @ $1.85




Account: xxxx-xxxx Your Day Sell to open order for 10 NLY Oct 18 '14 $13 Put at a limit price of $1.85 was executed at $1.85. See order # 664 for details.

[Anticipating]

After hours Blood bath!!!
will rebound in the coming quarters.....eom

[Lonewolf616]

Yeah I got burned bad lol on my first covered call for 17 dollars right before December last year. I did not expect the gov to raise interest rates but either way I held strong and now dividends reinvesting at lower levels helps me long term.

[Anticipating]

Looking good here as earnings looms 5/7/14

[chrisaetos777]

?

[tfgg1]

NLY had changed there portfolio based on tapering from the Fed as well bought Crexus and diversified into commercial real estate and now we see the effects. Dividend increases in the future will be nice to see.

[insomniac]

Looking for upgrades and higher price targets

[tfgg1]

FYI. NLY beat by .09.

http://finance.yahoo.com/news/annaly-capital-management-inc-reports-211600094.html

[dpsimswm]

Sign Nader's petition for GSE shareholders.

http://www.shareholderrespect.org/take-action/


This is very pertinent to your investment in NLY. Fannie and Freddie issued $1.57 trillion in MBS last year alone. This represents 73.8% of the market. If the government can nationalize and socialize the entire mortgage market, then they can pretty much do the same thing with any business and any property in the United States.

[truethat]

Thought yesterdays price and todays price per share was a good time to get in with a good dividend, so I did.

[ChrisJP]

For now with the 10 year yield still falling, $NLY is doing well.

Chris

[moe_the_gyp01]

Once the Fed starts its tapering efforts, yield curves will steepen and NLY will most certainly take a hit. How much? Who knows. But I wouldn't take a position until after the impact. The div yield will get crazy and worth the exposure to downside risk once the tapering impact is priced into the stock.

That's my plan. Probably go 5 bid when the happens.

[white jr]

Wasn't bottom, but def new influx of buyers

[bar1080]

Seeking Alpha on NLY:
http://seekingalpha.com/article/1643282-annaly-capital-several-cautionary-catalysts-to-consider-before-establishing-a-position?source=yahoo

[bar1080]

Actually mREITS received far more attention than they deserved lately due to their flashy dividends that are often in the double digits.

Beneath the hood, mREITs are dangerous stocks as many retirees are now learning. Very dangerous, and I'm not sure there is any floor that can be counted on.

As far as book value, given the extreme leverage no outsider can know the BV.

[johnsyn]

they all are bargains right now.

[LORTAP KCOTS]

Could be close to a bottom short term

[fuzzy]

Holding it as a dividend payer also.................can be erractic though with interest rates probably on the rise..

[Kimber1911]

It is pretty obvious this one is way undervalued, and under noticed. I like it.

[Kimber1911]

Man, just found out about this stock, I like the dividend it pays out. What do you all think of this one?

[ECole]

CEO on trying to strike a balance protection and cash flows at their Q4 ‘12 earnings call.

http://www.earningsimpact.com/Transcript/74493/NLY/Annaly-Capital-Management-Inc---Q4-2012-Earnings-Call

[white jr]

Bought 400 shares @ 11.77

[jay one]

this has been on a decline for a few months now

[johnsyn]

4:35 PM Annaly Capital Management (NLY) declares $0.40/share quarterly dividend, 11% decrease from prior dividend of $0.45. Forward yield 12.31%. For shareholders of record July 1.Payable July 29.Ex-div date June 27

[fuzzy]

Taking out a new low on the day again.........

[DownWithPumpers]

It looks like we're going to see stop-losses hit below 13 -- similar price action now to when AGNC dropped through 25.

[aapples1992]

Bought 10K shares to double down at $13.12 today holding 20K shares average $14

I like this play huge dividend

[aapples1992]

Bought 10K shares to double down at $13.12 today holding 20K shares average $14

I like this play huge dividend

[listonstreetpulse]

Is Your REIT Paying Dividend From Borrowed Money? Check out the Liston Street Pulse analyst opinion on REITs and NLY.

[tfgg1]

NLY may be buying back shares looking at the price movement today vs. other REITs. More they buy the less they pay out in dividends. Ex date coming the end of the month. Divy announcement in a few weeks.

[johnsyn]

10:04 AM Buy the (big) dip in the mREITs, say both KBW and RBC Capital. "We think the bond market has over-reacted and mREITs have over-reacted to that over-reaction," says KBM (presumably Bose George). Stock to buy if the Fed cuts back earlier-than-expected: CMO, HTS, MFA, ANH, DX. Stocks if the Fed continues with the status quo: AGNC, NLY, WMC. RBC favors NLY, MFA, and HTS, but warns AGNC's higher leverage magnifies losses as well as gains. The sector (MORT +1.1%) is continuing with yesterday afternoon's bounce.