Make that 14M
This what I have been trying to say the runup starts now. the fiscal Cliff is overated and also will be handled..................everybody chill
Sentiment: Strong Buy
Yield is up to 17%. Hopefully they will not reduce the dividend. Is AGNC back to it's old trading window? Book value wise the stock is undervalued. The only concern is the sustainability of the spread.
They were likely part of the group that shorted it down to this level as well. MLPs are working through the same short/go long manipulation right now.
Doubt it. More like they did the same math we did. High return - low risk = load up the truck.
Yesterday's pain is today's gain. Just have to see how my corns feel about holding my November 29's into tomorrow's close.