fabio10
Long

ARR Acquires JMI Mortgage Today

NYSE:ARR   ARMOUR RESIDENTIAL REIT INC
9 0 3
ARR bought out JMI today. This REIT already has a nice Dividend of around 20%. Even if they cut the dividend I think it has room to go up more. I am looking for a price target of around $22.00 Thoughts?
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