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American Capital Agency Corp. Message Board

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  • roym717 roym717 Jun 13, 2012 4:16 PM Flag

    AGNC Hits New High!

    Thanks Foxy. You're right it was time sell.

    Didn't get the top but close enough for me!


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    • yourbestfriendintheworld yourbestfriendintheworld Jun 13, 2012 4:24 PM Flag

      Could be right about that. Looks like the weekend has started early. Now we'll need good news overnight to avoid seeing tomorrow and Friday look ugly across the board.

      On the other hand, those that subscribe to the "AGNC is a hedge against Greece" theory should see a very nice discount price on Friday afternoon. I think this afternoon kind of makes that theory a little less strong and we're still vulnerable over the weekend.

      Whatever the gap looks like at Monday's open, pressure should be all upward owing to the ex-div coming Tuesday.

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