Bought 7500 shares of CIM for $4.265 on Dec. 28th just before the EX-dividend on Dec.29th. Have to show ownership on Dec. 31st. The .68 cent dividend pays on Jan. 27-28, 2011. There shouldn't be hardly any post PPS fall. If it is .17 - .25 cents, it will come back real fast. I just have a bad feeling about AGNC's PPS coming back very fast in February and March. It is just a gut feeling or a hunch; you know how that is ( it doesn't really mean a thing ). Everyone's feelings should be their own, but it doesn't hurt to share your feelings. Good luck if you go through with the AGNC dividend play.