Replies to post #357 on Orchid Island Capital Inc. (ORC)

[Scotttrader80]

True! I added to my pile at $9.44. ORC is showing a 2Q loss which should be expected of all RMBS securities with the Fed 1% interest rate. We still have .50% to go over the next 2 quarters, then their rate hike is done with and the world can get back to business as usual.