NLY increased its divvy to .60 per share yesterday after the close. Guess
selling by ETF would pressure the stock as it really hasn't moved all that much
since February for crying out loud.

I have a long position. I tend to buy a slug of it when it is in the low 14-mid
13 range and sell a portion at 16. You need to watch the ex-divy dates though
because with its yeild it usually builds heading into a payout then drops down.
At the end of the day it is a well run company. However, I understand that the
real estate etf owns a bunch of it which can sometime bring it down if the etf
sells off.

They are positioned very well to make money with a steep yield curve.

http://www.annaly.com/mc/annalycommentary609topost.pdf