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American Capital Agency Corp. Message Board

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  • jim3089 jim3089 Dec 2, 2012 11:58 AM Flag

    The December Run is Here!

    Hi Doc and AGNC members-
    I'm not a sophisticated investor just holding some Jan $31 and $32 Calls and hopefully that will be enough to make some money, even bigger money If the goons can eliminate the uncertainty. Oh yea Geitner will be on Meet the Press tonight, this may have an affect on Monday's opener. Hey does anyone have an opinion on WMC? I've been layering in this one for the last 4 weeks, ouch, the Calls are traded thinly with wide spreads but my gut says big run-up with divi increase potential or am I just smoking crack.

    Sentiment: Buy

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    • Hey Jim,

      There is nothing but good news from the WMC camp, from TA to their fundamentals(among the lowest CPR of all mReits paying over 14%). I believe we will see spo offer price(22.50) by EX or better. I am with you and was down 40k on the swoon. Still down but only by about 8K(beats 40K). If I can make BE by EX I will be happy...lose some big, lose some small...,keep trading, with no more than 5% per trade, and trade another day....;-)

      Best,

      DocReits

      Sentiment: Strong Buy

      • 2 Replies to reits_r_us
      • WMC initiate a buy back on 11/19 like many of the other REITs out there, do you really think that its reasonable to assume they will SPO? If you are assuming that, then you I take it you are also assuming they have already completed their buyback. I could be wrong, but my gut says that there won't be an SPO following ex this quarter but we will see one the next

      • Re: Doc
        Thanks for the vote of confidence in our beaten down step-daughter WMC, TA and fundamentals don't lie as such this sucker should fly once divi announcement and the goons finally come together and fix things, good luck everyone.

 
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