I guess the point is the worst case scenario is no dividend ever again. So....help me understand.....AGNC is now trading at 85% of book value. This assumes no dividend ever again and an inability to liquidate the portfolio to pay back the book value to the shareholders. Is this logical? Please short sellers and bears pile on here and give me your nightmare projections because I fail to see the worst case scenario here. Bring it.
Sentiment: Hold