Sep. 25 at 8:07 PM
$IVR All we need is to have the 10y drop slightly and that should be enough for a good green day. Last known BV was near ~8 and that was with a 10y around 20-25BPS higher and credit spreads have tighten since.
I wanna thank whoever sold me 11/21
$7 calls at .35 today... your the real MVP
I asked the fund about the ATM program hoping they are not running it at these levels... This is what they said:
"The ATM program is a part of Invesco Mortgage Capital’s growth and liquidity strategy. As you noted, it can be used to manage leverage as well. We do plan to continue to use the ATM program when we believe it is economically advantageous to do so. There are many factors that go into the decision and we do not release the details of those decision-making criteria publicly. It should be noted that we view the ATM program as a lower cost method of raising equity capital than block issuance of new equity."
