American Capital Agency Corp. Message Board
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Today is UGLY. Interest rates really steady
and AGNC falls out of bed because NLY issues shares.
Don't like the reaction.
When AGNC issued shares a couple weeks ago NLY was very steady the next day.
What's the problem????-
Bro they are not letting me post what I posted for the guy who wrote that they know something we don't.
I wrote eloquently that nobody knows nothing and that agnc will not do an offering at these prices because it is not worth them too when they can make a person buy now and let them get greedy and think it will go to 30, and when they see the offering at 29.50, they will sell at 27.80, mad that they lost 1.20 per share. Mm's make money on the uninformed -
2 possibilities:
a second offering is coming (yes things get leaked)
price is just moving back down to historical prices- 2 Replies to fonetiks_man
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That's about the size of it. Nobody asked about or complained on 2/10/2011 when the share price closed $0.35 higher; so why question down $0.50 today? It's all in a day's normal movement, especially when the DJIA (and other indexes) are down, too.
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I vote for secondary. This is similar pattern seen with other secondaries, sombody knows.
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That's why I posted "I'm Confused." I don't get this price action either.
- 1 Reply to derrillp
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Nly is biggest mreit, agnc is not. Everyone getting, instead of complaining buy more today, cause you won't be able to at this price tomorrow
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