Im not buying anymore til some solid ground in this sector is found. i dont care what anybody says. i dont care about shorts and their nonsense or pumpers, i'm not buying or selling anymore until solid ground is found. and thats fine because i collect that div and relax.
i like this stock and nly agnc for the long term and am not worried about this hype that everyone is scared about. if the div is lowered to 10% i would still be happy and i still believe this stock will get back over 6 here in the next year so i just collect the divs and relax.
if it goes under 5 so be it i learned from the IVR and CWH debacles that this is an opportunity. just buy slowly if your going to buy and relax, collect the monthly money.
if you are paniciking, you should have never bought into any high div/distribution stock and gone with something nice and safe like K, or KO or something to begin with.
i'm waiting for the 'bottom'. where is it? I sold a few other positions last week and am waiting for the bottom to average down in here and at the same time, provide myself a rev stream monthly for years to come.