Two Harbors Investment Corp (TWO)

[kentonmag1]

It was a great quarter, despite the fact that the earnings target was missed, the book value of the Company went up 15% to $11.44 which is above last nights finishing stock price. The book value has consistantly increased during the last year that I have been an owner of the stock and there is no reason to think it wont continue. As long as the book value increases the stock price should continue to get pulled along in an upward direction.
On the down side I do see a trend towards lower dividends as the company move into lower risk areas, however that should more than be returned in the share value.
Onwards and Upwards TWO