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American Capital Agency Corp. Message Board

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  • yourbestfriendintheworld yourbestfriendintheworld Oct 27, 2011 9:54 AM Flag

    SPO Impact On Price

    Most of the action will be today, especially with the Euro bump keeping the price pressure up. The people who got allocated shares from the underwriters are almost 100% turn-and-burn artists, and they're making a huge profit on this coincidence. They will dump everything.

    Tomorrow, I have no guesses. Personally I know the stock is worth more than this. But people play what they want to play, so it can wobble before finding its legs and rising through the next div, which is due in late December. I'm in neutral for a few days, then it's bulls, all the way down.

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AGNC
18.96Jul 28 4:00 PMEDT