Nly

Discussion in 'Stocks' started by Alcibiades, May 29, 2012.

  1. CAN ANYONE TELL ME WHY THIS STOCK HAS SUCH
    A HUUUUUUUGE DEBT TO EQUITY RATIO.....
    PRETTY SCARY
     
  2. Roark

    Roark

    Leverage.
     
  3. 1. Buy 5x equity value of 30 year mortgage yielding 5% and repo them out at 50bps.
    2. ???
    3. Profit
     
  4. It's a mortgage REIT and compared to competitors it's probably somewhere in the middle. If you think NLY is high, you should check out IMH.