Because that's a loser's recipe. Buy beat up declining krap. dumb... Where winners buy stocks with growing earnings...like hon. instead of a 2 year losing history like declining book agnc. stupid... There are winners in this historic record market. agnc.. Is a loser. And the chart don't lie. this was waaaaaay over-priced... Now it's just over-priced. $15 is fair value. Period. it's historic mean. decling earnings and book and leverage.. Losses huge....huge.