What Up MB?/Current State of Affairs | TigerDroppings.com

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greenhead11
LSU Fan
Member since Feb 2012
625 posts

What Up MB?/Current State of Affairs


So i've basically been living under a rock for the last few weeks- someone told me there was this election or something?

Anyone know what has happened to some of the mREITs? Spreads getting squeezed by Fed MBS purchases? NLY has taken a hit!

Anyone else raising some cash in case we go off the fiscal cliff? Or putting new money to work?







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ynlvr
LSU Fan
Baton Rouge
Member since Feb 2009
877 posts

re: What Up MB?/Current State of Affairs


Dumped NLY at peak but held on to AGNC all the way up and now down. Fricking Fed killed the cash machine.

Scared into inactivity. Sitting at about 40% cash hoping to read the tea leaves right for entry. Looking for a sharp drop to signal a buy. But I'm also expecting lift off when Washington makes a deal. Too much political intervention causing symptoms of schizophrenia in this investor.



This post was edited on 11/13 at 2:22 pm


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greenhead11
LSU Fan
Member since Feb 2012
625 posts

re: What Up MB?/Current State of Affairs


I should have seen it coming honestly. MTGE who is more of a hybrid REIT is getting hit today. Both of these I use as cash generating machines. I need to do a litte research but I'm starting to think NLY at $14 is overblown





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Meauxjeaux
Memphis Fan
I have 89,275 posts with my alters
Member since Jun 2005
16886 posts

re: What Up MB?/Current State of Affairs


I'm waiting to hear what Baylor's buddy is doing.





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