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The wider the range the more profit potential.I'm in MTGE since 21.76. Very range bound for a while....waiting for the breakout.
Earnings announcement for quarter ending 3/31/12 will probably move MTGE higher/lower. Waiting to see if 22.00 will soon be the floor.MTGE wants to break out, but still in a trading range after SPO.Dividend increase? Like AGNC management wants to set it the same rate each quarter without reduction, rather than change it every time like NLY. That's a positive sign.