The masses are flocking to AGNC...18 million share volume
I agree......healthy divi that should be safe for several years. No need to go against the grain. Usually after the divi and the secondary, the stocks drops a healthy amount and that is where I have been buying. It has worked well thus far.
I'm hoping that we will see AGNC go over $33 on this dividend run up. I myself am holding 1,500 June $32 Calls, I'm hoping and praying that all will go well on this one. I'm staking everything I have, may AGNC continue rising higher and good luck to everyone on their trades ( =
Someone hammered a number of stocks for big buys at the end of trading.
It looks like there was a generalize spike in the financials in the last half hour, then the banks gave it back and the money dropped into mREITs...
No clue why. Could be that the mREITs got the rumor later, or could be rotation as a hedge against something, maybe impending european implosion. If it's going to be bad, cash would be a better place to be, though.
Am I hearing you right? After all the shekels you so diligently gathered, you went "all in" again on the June 32's?
Curious, why not the "big bet" on MTGE as they already had their spo?
Secondly, June OPEX is early this year, and you obviously are hedging for no spo(that rhymes and should be your new chant), and if we don't get a move up in EX, we will statistically get the EX at the very end of the month, around the 30th. Historical cf:
As long as interest rates stay low and there is a decent spread between LIBOR and mortgages, they will make good money. In financial problems, the mortgages have a US Govt. guarantee, so they are as good or bad as the US$ Dollar. But take the profit when you think interest rates will rise.