Replies to post #119 on Orchid Island Capital Inc. (ORC)

[Tinkerer]

Nice entry point. It is nice to be in a stock where you can make 1.5%/month on the dividend, and still be below book value with the share price, making it very possible to make money both on the dividend and the gradual appreciation of the share price. GLTY. Welcome aboard.

[Tinkerer]

ORC's book value, after the capital raise, is about $12.80, give or take 15 cents, depending upon the market. Any entry point below book value is a good entry. We'll know a lot more in the coming weeks about how much money ORC is making; look for a great Q4 report, and a boost to the share price on account of it.