Bimini Capital Management, Inc. (BMNM): That's going to happen very gradually an...

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Re: Roy London post# 360

Monday, 11/25/2013 8:21:53 AM

Monday, November 25, 2013 8:21:53 AM

That's going to happen very gradually and will start in the coming months. But because the FED does not even have a plan/schedule for it, it won't happen before the middel of January.
In the meantime bps for 10 years is rising, unemployment keeps dropping and housing prices are rising: that's very bullish.

In a year and a half at Max, we will be seeing quarterly dividend like .03$/share again at least.

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