Annaly Capital Management Inc (NLY) Options

Never held on to NLY. Rolled into bitcoin miners at the end of the year. So far , so good. My dividend plays have been in ET. And Enterprise Partners.

Same investors that restructured Mr. Cooper $COO formerly WASHINGTON MUTUAL WAMU aka WMIH inside CH 11. COOP was merged 3.8B with Nationstar $NSM saving COOP aka WAMU $7B NOLs. KKR owned 24% of COOP and 17% after the merger lead by Fortress. Wesley Edens, COB stepped down and appointed Jay Bray. NOW Fortress and EJF Capital are at it again owning 27% of all $NOVC Novation Co Common Shares. They are working with Mass Mutual and sub Barings aka Babson Capital that owns 17% of $NOVC common 19.3M per 10K audited and certfied in accordance with GAAP by www.boulaygroup.com Wesley Edens CEO of Fortress also restructured Newcastle Inv Corp $NCT by split off 3 MREITs $SNR, $GCI aka $NEWM and New Residential Investment Corp $NRZ now RITMCap.com $RITM. Fortress changed the name of NRZ to Drive Shack $DS which kept 100% of NOLs 160M. Wesley Edens CEO of Fortress was also COB of Capstead Mortgage $CMO now traded $FBRT which owned Dynex Capital NYSE $DX. Edens restructured $DX with $NOVC now Board of Directors BARRY IGDALOFF AND HOWARD AMSTER. Igdaloff and his family and Amster and his family made a mint at DX thanks to Wesley Edens, Fortress. NOW Fortress and EJF Capital 2 of the most acccomplished MREIT Mark Makers own 31.3M NOVC common hidden behind CDOs Taberna I & II/Kodiak CDO I which they paid almost nothing to own. https://www.globenewswire.com/news-release/2019/08/09/1900133/0/en/novation-companies-inc-executes-first-amendment-to-senior-secured-note-purchase-agreement.html

Recently expert investors have been buying $NOVC Common Shares at sub-penny share price off NO NEWS, NO SEC Filings No Retail Bid/Ask courtesy of NOVC Board which has exploited SEC Rule 15c(2)-11. see https://www.marketscreener.com use NOVC
This is happening in my opinion because $NOVC Board of Directors has exploited SEC Rule 15c(2)-11 which allows ONLY expert investors (HF that file 13F) to BUY $NOVC common including Goldman Sachs 360K, Blackrock 260K BofA 676K, Putnam Investments 333K, Bridges Investment Mgt & Dreman Value Mgt 533K shares (The Great Value Investor David Dreman, Author of Contrarian Investment Strategies Edition one and two). They have bought millions of $NOVC shares at sub-penny stock prices, off NO RETAIL News NO retail Bid/Ask since NOVC Board triggered SEC Rule 15c2-11
My research shows $NOVC Board has been working with MassMutual sub-Barings, Jefferies (owns 20M NOVC Common per 13D filing 6/23/2011), and Softbank 100% own sub-Fortress & White Mountains Capital $WTM which owns www.EJFCap.com.
These investors own 100% of Novation Co OTCBB $NOVC common & the only Sr Debt to exit Ch 11 already paid $11m Cash, $6.3M inside Ch 11. Obviously, the only Sr Debt can be erased in seconds. Frank Bazos, ex-VP M&A at White Mountains Capital (now Special Advisor to $WTM) to the X CEO of $NOVC. $NOVC is now owned by White Mountains Capital via their investment in EJF Capital 2019 (the year Bazos joined WTM as VP M&A). Bazos via $WTM owns 80% of $NOVC common 91M 80% of 116M Shares Outstanding. Small Shareholder Count of private investors own 25M $NOVC common shares. Plus Jefferies $JEF 20M is not counted in the 91M 80% per 13D 6/23/2011. Now expert investors some related to the Board are able to BUY $NOVC Novation Co Inc. off no retail news thanks to SEC Rule 15c2-11 https://www.marketscreener.com/quote/stock/NOVATION-COMPANIES-INC-120787360/company/â?¦;
Why and what are their future intentions? I believe Fortress Co CEOs Wesley Edens, Peter Briger with Partners Co CEOs EJF Capital Manny Friedman, Neal Wilson $NOVC only Debt Holders & NOVC largest Common Equity Holders 31.3M 26% of all shares (hidden behind CDOs that paid almost nothing to own) in concert with Mass Mutual & Barings 20M and Jefferies that own 20M $NOVC common and NOVC Board owns at least 40M 35% of 116M Common Shares Outstanding will split off $NOVC prior tax exempt MREIT Novastar Financial Inc. (newname) which traded on NYSE as $NFI & monetize rights that control billions of rich, seasoned collateral assets ideal to be leveraged/securitized into a new MREIT Dividend. The remaining entity HCS www.healthcare-staffing.com est $55M Revenue will most likely be merged with Hudson Global RPO Recruiting Process Outsourcer aka Staffing $210M Revenue creating a quarter of a billions public company tax free thanks to NOVC $730M NOLs. It is possible the MREIT and HCS/NOVC’s HCS are both worth 10 to $30 per share plus dividends. Barry Igdaloff and his family and Rose Capital HF would turn a million worth of PS Series C stock 10M $NOVC common, most camouflaged into $600M Capital over 2 different public companies both tax free plus dividends. This is just what Barry Igdaloff and Howard Amter, Thomas Akin his pals Todd Emoff did at Dynex Capital NYSE $DX with Wesley R. Edens Co CEO of Fortress.

FLAST ALERT See Novation Co OTCBB $NOVC 8K filed Friday 1/20/2023, long time investors states CPA firm top 100 CPA per AICPA Boulay Group signs off on $NOVC. It would appear from Boulay's exit letter, that the reorg is finished. The letter
says that the accounting(actions) are all in order, as of Jan 20, 2023. I am guessing,
that one posters thought that $NOVC would be split up into at least 2 tax free public new companies
is the reason, both Tax Free one tax exempt MREIT 2nd use $730M NOLs. "The bomb should drop soon."

Curious as to which one you did?

TheSummerMan

Re: None

Thursday, February 10, 2022 10:51:22 AM

Post#
420
of 426
$NLY the market is reacting positively to the earnings. Glad I added this morning. Gotta love the dividend yield.

stock was trading above $31 on this day. Never got that high again.

TheSummerMan

Re: Harbor6460 post# 421

Friday, October 07, 2022 7:59:59 PM

Post#
422
of 427
Been out of this a long time. Got some dividends and traded for a small profit. Hadn't been paying attention so thanks.

Right now, resistance is at $24.57 and falling. I wouldn't consider this a buy until it at least breaks through one resistance level.

Well that didn't work out too well

" Rising rates are good, as they widen the interest rates spread between which mREITS make money from. "

Wonder if it is finally safe to buy ?

Toofuzzy

How did that work out for you ?

" Buying NLY in this range givea dual prospect of above average yield with a cap appreciation kicker. "

I wonder if NOW is finally a good time.

Toofuzzy

Except rates are inverted so if they are borrowing short term and lending long, they are loosing money.

Toofuzzy

Been out of this a long time. Got some dividends and traded for a small profit. Hadn't been paying attention so thanks. From what I remember about their business, rate rises are probably not good for them. Small RS because I guess they were nervous about losing their listing. Lol.

Stock PE is 1.5. Price before split is now 3.00 lmaooo. This market is scary. Just destroyed peoples retirement after 20 years in this stock

$NLY the market is reacting positively to the earnings. Glad I added this morning. Gotta love the dividend yield.

Good earnings.

An excellent report!

I agree. Looks decent at this price. I have every divy going back into it in all 3 accounts. Dividend should hit end of this month. The share buyback is great news. Will take a lot of profit from penny junk and add it here.

Looks cheap with rates going up 6 times in next 2 years. And a buyback again. And a sell off of a division last year. Entering more growth

NLY $8.50 adding more of this gem

TWO is in my 401k and has a really good dividend.

Agree ! Looking at TWO also! Lower PPS

Buying NLY in this range givea dual prospect of above average yield with a cap appreciation kicker.

big dollar vol today!!!!!!!!!!!!!

Rising rates are good, as they widen the interest rates spread between which mREITS make money from.

Today's Seeking Alpha report on NLY is pretty good on discussing the impact on rising rates on mREITs. Not all bad.

You always need to factor in the dividend into the total return. And be able to average down when the decline in the price is not offset by the dividend. Been in NLY for the past five years at many different entry points. Comfortable average cost basis now. And nice total on dividends. But, imo, you cannot buy it one time and just forget about it.

Thanks for the reply!

Interest rates have been dropping That hurts mREITS.

any idea why these REITS continue to slide downwards?? Housing(RE) market is BOOMING. Is it due to covid scare???

comparing divi to PPS-- near the same ratio. Still sitting on cash--due to Covid reactions to the markets.

That makes sense on why we had the Big dip pullback. Besides rates not going up for another year

TWO there was funding based at $6.42--- The underwriters have agreed to purchase our common stock from us at a price of $6.42 per share, which will result in approximately $256.5 million of net proceeds to us after deducting offering expenses. The underwriters propose to offer the shares of common stock from time to time for sale in negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. See “Underwriting.” Delivery of the shares will be made on or about July 14, 2021.

I should add that the 30 minute chart of TWO has a lot of big gaps, both up and down. This makes me uncomfortable for a long term hold but I think it may make for good short term flips. JMO.

thanks-- was in MITT a while back

I am in this and MITT. I got out of AGNC and WMC at the beginning of June and have been watching both along with TWO since but I am currently only adding to NLY and MITT. I don't plan taking a new position in anything until after the dividends are paid out at the end of this month.

Not much to talk about with this stock for me. It moves up and down with interest rates and sometimes with the market. I’m just using a DRIP to reinvest NLY each time I receive a dividend. Seems like the best way to play this stock.

no- watching this and TWO-- looking for a REIT So far, TWO is looking better. Your thoughts???????

Am I the only one who visits this board anymore?

This board is an example of how a moderator can kill a board by restricting intelligent conversation and deleting posts he/she doesn't want to see then leaves after all discussions have stopped.

Buy NLY for the high and consistent dividend. It's not the kind of stock that's going to soar higher. It moves with interest rates and generally with the stock market.

Just noticed this one is trading at an 18% discount to book value. Generally speaking, this would be considered a bargain. In the pandemic market of high waves, it is a bit surprising.

Given the widening interest rate spread and likely increase in dividend to 25 cents per quarter, I’d say that’s likely.

I got you 11.00 coming this yesr

Yup. That’s my plan re reinvesting NLT dividends, then having a fat dividend when I retire.

Adding here. Long term solid stock. Live off dividend in retirement.

The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) ("Annaly" or the "Company") declared the first quarter 2021 common stock cash dividend of $0.22 per common share. This dividend is payable April 30, 2021, to common shareholders of record on March 31, 2021. The ex-dividend date is March 30, 2021.

And the dividends just keep on coming

LOL thanks Harbor6460.

Monster. Hold 4 life. Never look at share price. Every 7 years your shares become free and you can reinvest the dividends based on 12% interest a year don’t forget who told you LOL

I'm looking to add dividend paying stocks and NLY caught my eye.

This dividend really is great reinvested in retirement accts.

Loving this income and a capital appreciation to boot.

Book value is 8.50. And NLY was trading at a PE much lower then its peers. And they bought 100’s of millions of shares back last q. LongandStrong

Needless to say, this morning I picked up several thousands of units in anticipation of the price moving higher. That, coupled with the stock's going ex the end of this month---had me moving quickly.