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I was hoping it was going to drop a bit more. I would pick up more for around 24.50.
On top of all their good numbers, MTGE is sitting in a decent cash hoard of gains on for sale assets (just like AGNC).
I pegged MTGE's gains on for sale assets at about $6 a share.
I did some comparisons of MITT and MTGE last night to.
I still like MTGE better.