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American Capital Agency Corp. Message Board

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  • taymere_lane taymere_lane Feb 8, 2013 3:05 AM Flag


    Recognizing $12.22 of deferred tax assets and tacking that on to BV has a to do with accounting, not operating. Great results from operation are what "knocked it out of the park" in your post imply, but that's not where the BV gains came from. I haven't thoroughly studied their results, they may be great, but the pop to $35 BV doesn't impress much because it wasn't based on anything the actually did operationally during 4q12, just accounting. The CFO giveth and the CFO taketh away.

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