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you are not alone my friend. 99% of the people that play penny and sub penny stocks lose...I have myself...still have several sub penny stocks that remind me of my younger aggressive (and ignorant) days in the market...lol. some things to think about...learn some investing rules...rules that cater to YOU. they don't all apply to everyone...it depends on your goals...risk/reward willingness...and amount of money you have to play with. I use a few simple rules for my long term div stocks. keep in mind that there is, and will always be someone out there that absolutely HATES the stocks you might like. They will have nothing good to say about it...and on the flip side...you have those that love the same ones. I always follow up what anyone says with my own DD to satisfy myself. I always try to include links to the info I post as a credibility factor. Anyone can post garbage and opinions...
Learn the rule of 72...and the rule of 115. I use them for projecting my div stock values years out.
when picking a div stock...especially one that has a high yield...say above 7%...check how they have paid divs over the last 2-3 -5 years....have they been consistant...were some of the dives "special" one time payouts.
compare to see how their SP/div has moved over that same timeframe.
look at management..do they appear to be competent and growing the company.....all this info is free on the web. I use yahoo finance and quotemedia.com to do a lot of simple DD...I also read Ihub boards to find info to further research and DD...there are a ton of good DD sites...so use what you feel comfortable with. Read SEC filings on the companies as well...as you get more involved...you will get more involved. You learn how to DD a company fairly quickly and make a decision to buy...walk away...or continue to DD that stock.I NEVER take for granted what is posted on a message board. I ALWAYS DD any info I find interesting.
things to remember.
1. PATIENCE and GREED are the most difficult parts of investing...too much...too little...thats why you DD stocks....helps to control your impulses.
1. NO ONE invests in the stock market with the intent to lose money...just doesn't happen.
2. NO ONE other than yourself really gives a crap if YOU make money in the market. It's nice to see someone make money...but it does nothing for YOUR pocket book.
3. DD is relevant to a person as it fits within their personal comfort zone for investing. Just because a company is doing well, doesn't mean it's a good investment for everyone.
I'm 31, and have lost a small fortune maybe $25k over my 5 years playing the market with stupid, penny, sub penny stocks. I'm now ready to get into divy stocks, 15% a year sounds great compared to 50% loss every week.
too many people try to time the market...and you just can't do it. It isn't possible to predict what millions of other investors are thinking. I typically graph a stock in excel and watch it for a while to see how it trends...add a few notes here and there on the up/down blips...then continue my DD until I feel comfortable with a buy/no buy decision for that stock....at that point, SP isn't that big of a concern if I am happy with the stock and where it appears to be heading. I am a big proponent of dividends...been in this stock and many other div stocks for a lot of years...they don't typically appreciate in SP value as quickly as a lot of other stocks...but on the flip side...they don't tank as quickly either. they just keep plugging along paying me that 10% - 12% - 14% div every month/quarter.
Exactly! I noticed all my stocks went down a bit.
you might want to wait a few days...to see how the market continues to react to the possibility of a rate hike....I'm sure you noticed how the market got hammered friday...it could carry on a few more days. I have some nickels waiting in the wings to invest, but with so many idiots dumping and running at the moment...it may be prudent to wait a week or so to see some stability return. AND...ya just might get in a few % cheaper.just something to consider.
I'm going to buy some
they REDUCED the number of shares with the reverse split. Logic is...they want to look more attractive to institutional investors to hopefully get big investors that will stabilize the SP and portray themselves as a solid investment....the more money big deep pockets have in a company...the better the company looks for the most part. Also...the less shares in the float...the bigger the div...as long as they continue to make money...in theory.
I wonder if that's good or bad. Can they just create more shares and dilute the price?
Yea an 8 to ! split.
Last I saw ARR is was at like $4. Did they do a reverse split!
Armour Residential REIT posts 2Q profit
[Associated Press]
August 2, 2016
VERO BEACH, Fla. (AP) _ Armour Residential REIT Inc. (ARR) on Tuesday reported second-quarter earnings of $21.2 million.
On a per-share basis, the Vero Beach, Florida-based company said it had profit of 47 cents. Earnings, adjusted for non-recurring costs, were 63 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.
The real estate investment trust posted revenue of $46.9 million in the period.
Armour Residential REIT shares have dropped slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $21.69, a fall of slightly more than 5 percent in the last 12 months.
How much more are they going to be CUTTING the DIVIDEND. I've owned this stock 4 along time & the dividend just keeps dropping, dropping & dropping ....... I keep buying more just to make up 4 the lost money, but it's got to change soon or i might just get out all together.
ARMOUR Residential REIT, Inc. Announces April 2016 Dividend Rate Per Common Share and Confirms Q2 2016 Monthly Dividend Rates Per Preferred Share
Company Release - 04/04/2016 05:55
VERO BEACH, Florida, April 04, 2016 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) (“ARMOUR” or the “Company”) today announced the April 2016 cash dividend rate of $0.27 per share for the Company’s Common Stock. The reduction from the previous $0.33 per share monthly dividend rate is consistent with management’s comments on the Company’s February 19, 2016, earnings conference call. A replay of the earnings conference call is available on ARMOUR’s website at http://www.armourreit.com for one year from the date of the earnings conference call. The Company also confirmed the Q2 2016 monthly cash dividend rates for the Company’s Series A and Series B Preferred Stock.
They are only giving month to month guidance about their dividend which leads me to believe that a dividend cut is coming.
.33 cents per share a month, thats a heck of a lot more than some blue chips pay
yes stay away from this pig it was not worth 3 bucks no it's 21 and going to fall like a rock from an airplane
Stock price = DOWN. DOWN, DOWN ........
they haven't done away with the div....they actually increased it a tiny bit.
What's with this stock !!! Have owned this stock 4 many years & the dividend just keep going down, Plus stock price has tanked. Now they do this reverse stock split & do away with the dividends. Does anyone have any other info ??
Citi and AIG reverse split during the worst days of The Great Recession when their NYSE listings (and very existence) were in jeopardy. The key ingredient in their recent success was that their business and the stock market turned about after the gloom of 2009.
You can't compare CITI/AIG with the reason pennies RS... to continue printing shares. With ARR the low price was probably because it paid excessively high dividends, used way too much leverage and seems to be poorly managed. ARR ain't CITI!
"Citi and AIG both did R/S's a few years ago and are doing just fine."
See post #2459 ...is just my opinion but most keep the downward slide.
Every reverse split I've been in was a killer. Ideas if this will be different? Buy, sell or hold? Asking opinions.
Slight increase in Dividend R/S should be ok!
Maybe some more drop after split but slight increase in dividend makes this a for sure long term hold, I think.
Possible slick move would be to sell before R/S and avoid any possible broker re organizing costs then get back in on a fresh drop post split.
That would be a risky move and just may not happen, then you lock in losses as you chase to get back in.
I think rising interest rates will be good for this stock?
Only in penny stocks. Citi and AIG both did R/S's a few years ago and are doing just fine.
I sold out anyway to use the cash to buy O. But not because of this news.
it usually is....in this case, like with CIM...it may be for the better on down the road. CIM took a bit of a drop after the RS a couple months ago and is now starting to recover. ARR management is not thought of as a stellar group, so we shall see how it works out.
A Reverse Stock Split is a kiss of death!
JMHO
ARMOUR Residential REIT, Inc. Announces Expected Increased Common Stock Dividends in Q3 2015; Reverse Stock Split
ARMOUR Residential REIT, Inc.
6 hours ago
GlobeNewswire
VERO BEACH, Fla., June 18, 2015 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company") today announced that it expects to increase common stock dividends in Q3 2015 and that its Board of Directors has approved a reverse stock split of ARMOUR's outstanding shares of common stock at a ratio of one-for-eight.
One-for-Eight Reverse Stock Split
The reverse stock split is scheduled to take effect at about 5:00 p.m. Eastern Time on July 31, 2015 (the "Effective Time"). At the Effective Time, every eight issued and outstanding shares of common stock of the Company will be converted into one share of common stock of the Company. In addition, at the Effective Time, the number of authorized shares of common stock will also be reduced on a one-for-eight basis. The par value of each share of common stock will remain unchanged. Trading in ARMOUR's common stock on a split adjusted basis is expected to begin at the market open on August 3, 2015. ARMOUR's common stock will continue trading on the NYSE under the symbol "ARR" but will be assigned a new CUSIP number. The Company believes that existing stockholders will benefit from the ability to attract a broader range of investors as a result of the reverse stock split and a higher per share stock price. In this regard, the Company notes that the average book value of ARMOUR's common stock over the last five trading sessions was approximately $4.00 per share, which is approximately 28% above last night's closing price of $2.87.
As a result of the reverse stock split, the number of outstanding shares of ARMOUR's common stock will be reduced from approximately 350,000,000 to approximately 43,750,000. Concurrently, the authorized number of shares of common stock will be reduced from 1,000,000,000 to 125,000,000.
No fractional shares will be issued in connection with the reverse stock split. Instead, each stockholder holding fractional shares will be entitled to receive, in lieu of such fractional shares, cash in an amount determined on the basis of the average closing price of ARMOUR's common stock on the NYSE for the three consecutive trading days ending on July 31, 2015. The reverse stock split will apply to all of ARMOUR's authorized and outstanding shares of common stock as of the Effective Time. Stockholders of record will be receiving information from Continental Stock Transfer & Trust Company, ARMOUR's transfer agent, regarding their stock ownership following the reverse stock split and cash in lieu of fractional share payments, if applicable. Stockholders who hold their shares in brokerage accounts or "street name" are not required to take any action in connection with the reverse stock split.
Q3 2015 Common Stock Dividends
The Board of Directors of ARMOUR today announced the Company's expected third quarter 2015 cash dividend rates per common share as set forth below.
Month Dividend Holder of Record Date Payment Date
July 2015 $0.04 July 15, 2015 July 27, 2015
August 2015 $0.33 August 17, 2015 August 27, 2015
September 2015 $0.33 September 15, 2015 September 28, 2015
The expected July 2015 dividend rate of $0.04 per common share, which is the same as the Q2 2015 dividend rate, does not reflect the effect of the reverse stock split and would be equivalent to $0.32 per common share on a basis reflecting the one-for-eight reverse stock split. After the completion of the reverse stock split on July 31, 2015, ARMOUR's August 2015 and September 2015 dividend rates are expected to be set at $0.33 per share. As a result, the aggregate dividends per common share that ARMOUR expects to pay in Q3 2015 is an increase over the aggregate dividends per common share that the Company paid in Q2 2015.
"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
Under $3. Looking to grab a starter soon.
Right along with my NLY, both set new 52 week lows this week. Ouch
what happens to this one if rates rise?
has rate hike been factored into price or does she tank even more?
ARR
That's the only way to keep the dividend yield so high.
Insiders buying bargain shares, check form 4 yourself...
Tangible Book Value is $5.32 I am buying more on dips also.
Much obliged for that reply. I'm feeling so contrarian, along with the yield, this seems like a pressure cooker kind of invesment.
But I'm probably too optimistic.
-p
When it comes to mREITs they are all performing basically as expected which is horrible in this market.
The bottomline is that the difference between the fed lending rate and the mortgage, treasury rates are killing the profit margin because of the squeeze.
This is essentially the same thing that is happening to the big banks.
However, the good news is that once the spread stops tightening the profits will increase overnight for the mREITs and the banks. So although the mREITs look horrible now this might very well be the bottom for them profit wise.
ARR's been a horror story, especially for those on fixed income who thought they'd be getting a double digit yield forever. Whole sector's doing terrible but ARR has been the worst.
Could see all the selling pressure on l2
Was looking for a quick 5-10% run from the 3.45 low but of course that didn't happen so I sold
Was there some point to that quick trade?
Was out at 3.48....
Boom. Another new low!
Nice call. LOL! A new low.
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ARMOUR Residential REIT, Inc. invests in hybrid adjustable rate, adjustable rate and fixed rate residential mortgage-backed securities issued by or guaranteed by U.S. Government agencies or U.S. Government sponsored entities such as:
We are externally managed by ARMOUR Residential Management LLC.
ARMOUR Residential REIT, Inc.
www.armourreit.com
3001 Ocean Drive, Suite 201
Vero Beach, FL 32963
Main Office: 772-617-4340
Investor Contact
investors@armourreit.com
Q3 2013 Common Stock Dividend Information | |||
Month | Dividend | Holder of Record Date | Payment Date |
July 2013 | $0.07 | July 15, 2013 | July 30, 2013 |
August 2013 | $0.07 | August 15, 2013 | August 29, 2013 |
September 2013 | $0.07 | September 16, 2013 | September 27, 2013 |
Q3 2013 Series A Preferred Stock Dividend Information | |||
Month | Dividend | Holder of Record Date | Payment Date |
July 2013 | $0.171875 | July 15, 2013 | July 29, 2013 |
August 2013 | $0.171875 | August 15, 2013 | August 27, 2013 |
September 2013 | $0.171875 | September 15, 2013 | September 27, 2013 |
Q3 2013 Series B Preferred Stock Dividend Information | |||
Month | Dividend | Holder of Record Date | Payment Date |
July 2013 | $0.1640625 | July 15, 2013 | July 29, 2013 |
August 2013 | $0.1640625 | August 15, 2013 | August 27, 2013 |
September 2013 | $0.1640625 | September 15, 2013 | September 27, 2013 |
June 2013 | $0.07 | June 12, 2013 | June 27, 2013 |
RECENT NEWS: http://www.armourreit.com/
REIT RESEARCH LINKS:
http://www.valueforum.com/reits/high-yielding.mpl
http://www.dividendyieldhunter.com
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