Have you ever seen this happen before? Just because nly does an offering all the mreits have to suffer too? Just shows you that with a 19.4% return you have a lot of nervous nellies that can't sleep well. Although they do eat well.
Don't think they care about when they will do a spo. We already have evidence today that the pump up is starting. I'd like to know who their managers are for the next spo. Imo they already have them selected.
I think they will be reluctant to another secondary until the aftershocks of ANLY's earthquake shattering offering go away. Could be two weeks at least. I just don't think the market can handle another one anytime soon.
Seems to me that this kind of price action is problematic for AGNC. They certainly can't do another offering at these prices. Had the price continued going towards $30 or even $29.75 I would have thought an offering would be on the table. But now? No way. How AGNC deals with this will show how good their management really is.