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American Capital Agency Corp. Message Board

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  • yourbestfriendintheworld yourbestfriendintheworld Mar 11, 2011 7:56 PM Flag

    I'm glad the stock hasn't gone down

    I'm surprised it went down at all, considering there's nothing in this that would affect AGNC's business in any way. Which is why nothing else that's happened that hit the market hard has caused AGNC to decline. But it did go down today, which makes me think something we haven't heard about did affect AGNC somehow.

    Only two things can change AGNC's business climate: 1. the Fed hikes rates by several points in a day. 2. Americans stop buying houses.

    #1 won't happen until jobs start growing like weeds. #2 just won't happen ever, if we've properly curbed the market like we said we would after 2008.

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AGNC
19.45-0.06(-0.31%)Jun 29 4:00 PMEDT