Thursday, March 06, 2008

Jim Cramer on Annaly Mortgage

February 6, 2008 show...Jim has Annaly CEO on and touts NLY at around 21...
"...it's a Cramer fave...I don't mind saying it...I'm proud of it actually...I've liked since the beginning of the show Annaly Mortgage...Annaly is the stock that is practically tailor-made for this environment of lower rates....Annaly is THE rate cut play."

Well, it would've been a good short.

It's at 15.35 now, a nice 25% haircut in just one month.

Heckuva job Jim!

Boo-ya!

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