Replies to post #1385 on Orchid Island Capital Inc. (ORC)

[bar1080]

SEC filing was terrible; ORC downgraded by MFool.

"April 14 2021 - 05:20PM
Business Wire"

* "Estimated Book Value Per Share as of March 31, 2021 of $4.94
* Estimated GAAP net loss of $0.34 per share for the quarter ended March 31, 2021, including an estimated $0.60 per share of net realized and unrealized losses on RMBS and derivative instruments"

Also from Motley Fool:
Analysts at Jonestrading also downgraded the stock from a hold rating to a sell, while also lowering their price target from $6 per share to $4.75. The stock currently trades at $5.44."

https://ih.advfn.com/stock-market/NYSE/orchid-island-capital-ORC/stock-news/84828327/orchid-island-capital-announces-estimated-first-qu

https://www.fool.com/investing/2021/04/15/why-shares-of-orchid-island-capital-fell-today/