Orchid Island Capital Inc. (ORC)

[AlwaysRed]

A couple of thoughts for ya:

News for that company in Sept:

September 16, 2021
4:02 pm ET
*DJ Bimini Capital Management, Inc. Announces Share Repurchase Plan >BMNM
Dow Jones

Also, unlike ORC, that company only has 10.4 Mil share OS compared to this in ORC:

As of August 18, 2021, the Company had 123,860,013 shares of common stock outstanding. As of July 31, 2021, the Company had 123,060,013 shares of common stock outstanding. As of June 30, 2021, the Company had 117,500,013 shares of common stock outstanding.

As of October 12, 2021, the Company had 153,831,978 shares of common stock outstanding. As of September 30, 2021, the Company had 153,318,351 shares of common stock outstanding. As of June 30, 2021, the Company had 117,500,013 shares of common stock outstanding.

Currently: Shares Outstanding 161.2M

This company has to dilute to pay shareholders. The dilution causes the price of the stock to go lower than the gains you make in dividends.

The other company seems to be buying shares back instead of diluting. Orc seems to be on the way to 200 Mil shares outstanding soon.......Unfortunately the price of the stock will follow suit.