WHERE'S THE CHEERLOSERS??? WELL CHART SEZ. DOWN 28% FOR THE YEAR...18 FOR 2 YR. GOING TO $15
Currently at 2009 levels.. Going to 2008 levels.. On a retracement....return to it's historic mean...but i think a dead cat bounce first is likely...so hey try to game it....i dare ya....oooooh sooo tempting...but lame.
Historical mean is right which is book value. as of today this price is aprox 15% undervalued. Having said that markets tend to overreact to the down side as well as up. It all depends on your timeframe. IMO AGNC is an outstanding long term holding and currently undervalued. Cheers. Own and adding on dips. Cheers.