with an endless assault of SPOs this year (jan, feb, mar, jul and the biggest of all in august)the share price isnt going to shoot thru the roof.
take away the price spike late july/early august, this has been a $7.40ish stock this summer.
look at the 2 year chart. that covers a lot of real estate. this is a $7.0 to $7.50 stock. period. if you own it there, just enjoy your dividends and throw away the microscope. relax.
The dividend payments for the second quarter of 2012 totaled $54.5 million. The Company had estimated taxable REIT income available to pay dividends of $56.8 million in Q2 2012.
Don't be part of the Herd mentality.
here's what's weird about the last few days: AGNC got hammered with the downgrade and declined earnings five trading days ago. It regained all it's loss in the last three trading days completely .. it's been green for three days.
ARR with no downgrade and improved earnings has been down for all these five days with no green in sight . WTF
>AGNC got hammered with the downgrade and declined earnings five trading days ago.
No, AGNC was hammered as part of a major push by larger player(s) to panic people, clear out the stop-losses, or even just generate $$ for a new play elsewhere. Who knows.
>It regained all it's loss in the last three trading days completely ..
Not really in the scheme of things.. It had been holding near the $35 area for a bit, just a few days earlier than that.
>ARR with no downgrade and improved earnings has been down for all these five days with no green in sight.
Only for the short-sighted! Are you measuring in days? Are you a trader, or an investor? I suggest at least trying to look forward by 2-3 weeks. While admittedly mREITs & high-div stocks are "out of vogue" for right now (just watch CNBC for a few days...), the div on ARR will just keep coming and one of these months you won't worry about if we're up or down 10c :).
You've posted a lot of concerns/questions about ARR stock price weakness in the past week. Would you mind sharing how long you've been invested, and what your basis is? Maybe it could give us a better sense of where all the worry is coming from.
Daily volume is higher than usual today, could be a continuation of what we were seeing at the end of last week. Remember, there was a hard push to drive the stock down, over 16 million shares in a day and the stock still only finished a few cents down (but briefly got as low as ~7.25 a few times during the day).
Note that we haven't gotten less than 7.28 today. Feels like a more half-hearted short attempt.
Don't panic, don't sweat it, time is your friend here as in 1 to 2 weeks that upcoming div will start to weigh a bit on the minds of any shorters.