IVR Invesco Mortgage Capital Inc

$IVR $ABR $MFA Haven't checked in with reit buddies in forever. Holy fuck they really screwed the pooch with the rates. Good god.

$IVR my calculations pin BV close to 7 to 7.1. A near 10% drop in BV value since Aug 31... $7.74 starting BV + ~$0.00 to $0.25 rate-hedge benefit − ~$0.65 to $0.90 mortgage-basis/asset mark ≈ $7.0–$7.2 BV The hedge is what is paying the dividend the losses are what’s gonna lower future dividends. Raise in yields is killing this and most BV losses are permanent. Why I remain bearish and the discount to BV remains warranted.

$IVR I’m more spilt on yields now than just totally bearish for now. As this is trading at a decent discount from BV that’s probably means good things here. Still totally risky and tech is gonna and continue to outperform here. Really some major long term risks with yields. But always with this fund sell the premium and buy a discount has been the winning trade here. Oh and never get lost in the dividend, consider it a loss in share price. 

$IVR not gonna say I’m surprised. I do think 10y is headed to 5.5%. Currently have BV at 6.90 so heathy discount but it’s pretty warranted still as it is a falling knife. Will be on the lookout for the bottom. Maybe one more Divvy at .12 but fully expect a cut to .08-.1. Anyone expecting this fund to pay over a 20% yield from BV needs to check themselves into hopeium anonymous. 

$IVR Crazy 25% dividend rate. Financials says cashflows can sustain the current dividend rates and current BV is 6.74? Also near 5 year lows. I'm assuming market thinks interest rates will be raised (which will increase their short term lending costs) and dividends will be cut in the near future. If Trump loses midterms, they might be able to reverse the tariffs which should decrease inflation, and then fed will hold/decrease interest rates. Opening position

$$$ $IVR Don't let that 1 Fake Article Scare you is REiT Stock your getting pay to hold long term like Rent Money