Is This A Good Time to Buy NLY (Not For Typical Reasons)?Guest Post
By thelongshorttrader What did NOT got me interested (i.e. the usual bulls’ spew):
- It’s cheap on a __ and __ basis.
- Dividend yield is ___.
What got me interested:
- Yesterday’s announced dividend cut appears to have been less worse than the street expected (or was it?).
- NLY shares are down ~30% in 2013 (counterpoint: down does not mean cheap, nor does . . .
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