MTGE just weny into the green.
I hope AGNC does as well.
We might have seen the bottom.
Where will we top out?
Last quarter AGNC rose 2.80 during the last three weeks of the ex-run.
not likely, and i'm long bigtime, oh well....
geez I hope this is bottom.,
Hi Foxy- hard to tell minimum should be 32.5 ish dunno if we will see 33 with the pull back after we tried to hit 31.8
I like the action on MTGE anyway ... still holding 33,500 shares with an unrealized gain, albeit a little smaller than before. I keep reminding myself that three executives bought MTGE recently.
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.