I would love to know some feelings on this..my heart says rebound, my brain says it keeps going down.
What about you all?
AGNC is clearly being manipulated by very powerful and dark forces, the same ones that put Barack Chavez Obama back in power for another four excruciating years.
eewwwwww...blame it on the bogey man...
Sentiment: Strong Buy
I've got a feeling it keeps going down slowly until this useless Congress and Empty Chair extend the Bush Tax Cuts then you better stand back the big dividend stocks are going, as Jackie Gleason used to say Too the Moon!!!!!!
Sentiment: Strong Buy
I think the fear here is (and it is fear) is that AGNC will go so far down that even if it does shoot up, many will still be underwater....I mean, how many here are in AGNC above, lets say , $32?
I would be preaching to the choir if I mentioned emotions have absolutely no place while trading and investing in the market.
I'd watch the volume, when it returns to normal, its a signal that the panic selling is subsiding. I suspect we could fall another dollar, and don't expect a significant rebound until the government passes a budget. Hopefully we won't get another national credit downgrade?
Sentiment: Hold
I'm having a hard time understanding why AGNC is so far below book value. Does the market think the BV will fall? Or that a fiscal cliff crisis will disrupt short-term funding? Is it just fear of a dividend cut?
Why would anyone fear a dividend cut? It would still be a huge return. Cramer just said buy AGNC today and he has never pumped this stock; was always pumping NLY. Should have hit the bottom on Wed. Up from here.
rebound, rebound, rebound
How about we'll see tomorrow and then I'll give you my answer :)
OK..not exactly what I was hoping for, but I get it....:)