Replies to post #127 on Western Asset Mortgage Capital Corp. (WMC)

[Koopa Troopa]

Dude... not what I wanted to hear!! Thanks for sharing. If it holds up Monday I might dump some of my cheaper shares, but I'm sure either way we look back a year from now and recognize what a great deal this stock is right now. Just might get dollars to work harder for us elsewhere near- term... enjoy the weekend.

[Koopa Troopa]

Well this unexplained rise in SP is bittersweet for me. ALMOST sold half right before the latest collapse (opened below my order) but since it didn't fill, I never doubled down again. My lowest purchase was $2.63. It's now up about 150% from the $1.37 low! God, I'd be sitting pretty if I succeed in that trade (: oh well.

Went ahead and sold a few $3.35 just now to preserve capital and actually be in a position to buy if it drops significantly again. Good luck to you if you're scratching your head on this one as well.

$WMC$

[bige777]

Why so quiet on this board?