Motley Fool, IMO- a respectable publication, published an article with 3 strong reasons to sell AGNC (but also urges readers to review the Bull arguement).
Most importantly - Big Debt and quarterly losses
---Anybody care to comment - I'm long AGNC; but this gives me pause.
Golly doofus, next time ask someone to read the item to you
"Consider business-development company American Capital (Nasdaq: ACAS). Although the company has survived the financial storm to date, you'll find that a few of the 2,024 Motley Fool CAPS members weighing in on the company offer reasons to be bearish."
ACAS, hmm, close enough. They must mean AGNC ...
What has me more concerned than the Fool is a Barron's article this weekend where Bernanke states the economy can handle 2% interest and that it's time for the fed to raise it's rate.
I don't think it's going to happen any time soon but just the fact that the word is out should be concerning to AGNC holders.
I read the article as an article about ACAS and not AGNC. ACAS is a BDC and has been a disappointment the last year, while AGNC and most of the other REIT's have performed much better than expected.
I have a very big AGNC holding and are ABSOLUTELY not scared by the Motley article, which is placed under the headlines of a wrong company :D So just relax.