Fri, Nov 28, 2014, 2:34 AM EST - U.S. Markets open in 6 hrs 56 mins


% | $
Quotes you view appear here for quick access.

American Capital Agency Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • beta_klumps2 beta_klumps2 Nov 15, 2012 12:57 PM Flag

    target price = IPO Price

    It is simple math, as Bernanke's Quantitative easing to infinity continues, you will see the contraction in spreads quarterly till infinity, when will it end, when the gov. says enough is enough. The FED's have their own self interest, they don't like REIT's because they let all the income flow to investors and it is taxed only once at the personal level, they know this is a loophole. If they make those 16-20% yields go down, you will shift to utilities or regular corporations where profits are taxed twice and more.

    Self interest at work and they don't want it growing. Whats worse, is so many people hold these high yield REIT's in their Roth IRA's and money is accumulating untaxed at an exponential rate. Yes, the evidence is clear, M-REIT's are Kryptonite to the Federal Governments tax receipts. I saw this coming months and years ago. I remember the M-REIT's in Miami, Fla, from the early 1970's almost all tank to single digits from the 20-30's when the FED's compressed the yield spread to get the economy moving. 1972 I was in Atico Mortgage Investors and Associated Mortage Investors, both yielding 10-11%, it was a horrific ending by 1976, these guys were vapor.

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Hey #$%$_Klumps#2,

      ""M-REIT's are Kryptonite to the Federal Governments tax receipts. I saw this coming months and years ago""

      Then you must have been on the sidelines when we were making all the money on AGNC over that same time frame, right?? Or have you been one of the many shorts just #$%$ away money during that time??

      How's that short position working out for you?? Do you want to share with the folks again how we are going to see the IPO price again? Funny, but you can't probably hear me from such a deep position under that rock......;-)


    • Why would they mind a pass through taxation if it pays ordinary income instead as qualified?

      Sentiment: Buy

23.05+0.07(+0.33%)Nov 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.