Recent

% | $
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
  • instantwinbutton instantwinbutton Dec 24, 2012 6:19 PM Flag

    Bought 10,000 shares 24.275 cost average. Will buy 10k more on dips below

    The question remains.... How long will it take for the discount to book value to evaporate and the stock to return to its normal 1.15x to 1.25x book value range? I think that the demand for yield is so high that it will drive the premium on mtge back to its previous levels. 29 or 30 per share by May is not out of the question. The fiscal cliff is just a unfounded fear that will never be realized. Congress will pass an extension of the bush era tax cuts to all people for 2013. I believe they will also agree to raise the taxes on Americans for the years following 2013.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
MTGE
15.17-0.12(-0.78%)11:55 AMEDT