Yes, CF knows that the options are expiring. So burst sell the AGNC shares as the underwriters and keep the profits from those calls they sold. There is no reason to announce SPO's anymore. They sell it through CF without any announcements.
Couple of things about that.
They aren't announced for immediate sale the way a regular SPO is, but they are preannounced in SEC filings. The 26 million that Cantor/Mitsu had were announced back in the fall.
Cantor & Mitsu may be the brokers, but if I recall correctly AGNC has the say on each sale.
By now they're almost certainly depleted.
What they know is that they've been buying for three days and suddenly someone big sold into them and knocked the stilts out from under their stop-loss orders.
If a SPO is announced tonight, someone should forward all of this to the SEC to see who it was who started the stampede.
They will never be able to prove anything. We all know the SO is coming and anyone that says otherwise is living in lalaland. On top of that AGNC is trading a high valuation... You didnt think that 10-11% over book is too high compared to other mREITs? I know that historically we had higher ratios but that was a year ago and competition was in line back then. This time, the competition is cheaper so the only thing AGNC has going for it is loyalty but in the mREIT world... loyalty is fickle because we all know the party wont last forever. Loyalty is fine if you plan to hold 10 years but not for someone just playing the market until interest rates return and bonds give better yields.
How do you prove that the seller isnt selling just based on the logical analysis or for profit taking like I did on Monday?