Replies to post #2067 on ARMOUR Residential REIT Inc (ARR)

[RBKissMyAs]

YES. Read their last PR. Also look at the friggin' chart. This thing has done nothing but drop from 10 bucks to 3.80 while many of the other REITs have rocketed in the last year. If you bought this at anything above 5, the dividend ain't gonna recoup the loss by a long shot. MAYBE if they have a Hail Mary PR SOON that shows they are compliant, there might be a good bounce.

[Porgie Tirebiter]

It's due to the make-up of the board. A guy named Jordan Zimmerman resigned and they are technically non-compliant until he is replaced. I saw the story go by a few days back, but I didn't think it was important.

I have seen no share sales of ARR by Mr. Zimmerman yet, for whatever that's worth.