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WallstreetDon
Jun 16, 2020 3:02 PM

ivr bull flag Long

INVESCO MORTGAGE CAPITAL INCNYSE

Description

NYSE:IVR

looking at a possible bull flag for ivr price will dip from 4.25-5.25 for now than will be taken baby step up the staircase

Comment

ivr announce dividends are reduced down to 2 from previous 50
will be a bumpy road to recovery.
that being said I still believe that this is a very under value stock great for LONG TERM investment.
other companies completely stop paying dividends, witch is why I have good faith in IVR.
all of this is due to covid fear, unemployment. and no INTEREST from the feds.
Comments
alidia
its almost 4.25 now
WallstreetDon
@alidia, with the new announcement about there div being cut a lot of investor are oping out of this stock. we are all banking on a vac for the covid once that happen.... expect this stock to jump right back to pre covid or even better.
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