% | $
Quotes you view appear here for quick access.

American Capital Mortgage Investment Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • ray858945 ray858945 Sep 21, 2012 11:05 AM Flag

    Probability of an SPO?

    Yahoo showed over 1 million shares traded on the 19th and over 2 million on 20th ... this doesn't show in their history, but it did in the daily totals. I think they placed it in large blocks, and it is getting spread around now. They should have done it right after XDivvy, and I believe they did.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • If you are talking about the 2,000,100 shares mentioned in the S-3, those are the shares of MTGE that were held by ACAS. When sold, the proceeds go to ACAS not MTGE.

      In fact, those shares were sold on 9/7. From a SC 13D filing on 9/12: "On September 7, 2012, ACAS sold 2,000,100 shares of the Issuer’s Common Stock in a registered public offering."

      Included in the previously mentioned S-3 filing was also an unspecified number of common and preferred shares that could be offered by MTGE. If those are SPO'd, you'll see a press release and other documents filed with the SEC.

15.01+0.16(+1.08%)Nov 27 1:00 PMEST