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To: KaiserSosze who wrote (114295)5/14/2013 9:09:17 AM
From: SamRead Replies (1) | Respond to of 118717
 
There is no sense to it. They are just trying to make a quick buck throwing darts. Sometimes it works for them, usually it doesn't. They are not unlike penny stock pushers, just a different game. Ambulance chasers. End of story.



To: KaiserSosze who wrote (114295)5/14/2013 9:16:07 AM
From: tom popeRespond to of 118717
 
1. get class action certification
2. agree to go away if target settles
3. get expenses approved by the court, leaving a pittance for the "winning" shareholders.



To: KaiserSosze who wrote (114295)5/16/2013 11:15:25 AM
From: ElroyRead Replies (1) | Respond to of 118717
 
I bought a little bit of AGNC. I'd prefer to buy CYS or ARR but they've already ran up 3-4% off of yesterday's lows. If we get another mREIT swoon in the next few days I'll buy those two, but AGNC seems like it seldom stays at book value for long.

Weak employment numbers (and a weak economy in general) today should actually be good for the mREITs. As long as short term rates are low they'll make money.