Sat, Oct 25, 2014, 11:36 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

American Capital Agency Corp. Message Board

  • jeenbergeer jeenbergeer Jul 24, 2013 11:48 AM Flag

    This has nothing to do with the fed hatteras came out with good results but BV down

    Hatteras had great results better then last quarter andtheynare well positioned but BV fell to 22.18 from 28 hence other Reits are reacting . But not all Reits are alike . Anyways they did well in making more income per share them last quarter . Imthinkmits an overreaction.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I don't think that hedging can impact book value, only earnings. The loan is worth what it is worth. However variable rate loans would behave differently but since the average duration of a loan is not that much longer than the lock period I don't think that it would make a huge difference. But since AGNC buys fixed rate loans it is irrelevant.

      My guess is that many people did not comprehend the extent that book values were going to decline. Note that many pumpers have said that they would not go down this much giving people a false sense of security and thus this would have come as a shock and I'm sure they feel betrayed by those that made such optimistic claims and thus mislead them into making decisions that hurt them financially.

      Who are your friends and who can you trust? Certainly not people that lure you into losing money so that they can pump up the PPS for their own benefit. Not that anything that gets posted here impacts the PPS but many people believe this and thus they are motivated to try. No one is helped but many are hurt. What you often see here is the worst side of human nature.

      Of course there are simply the clueless that do not understand a thing. They shouldn't even be investing but unfortunately they have many opinions on how to invest.

      • 2 Replies to raybans2
      • Hedges can go up in value. they have a BV too.

      • I was here on this board last summer warning that interest rates have only one way to go which is up, and 2012 was a good year to sell this when it went over $30. When I bought this three years ago, and dabbled in 2011 during the sell-offs, I always define what will make me sell, in this case, when interest rates rise. Bernanke said they would stop QE when unemployment went below 7%, when we broke the 8% unemployment number on the downside, and then consecutive reports showed a downtrend, THAT WAS THE TIME TO PLAN YOUR EXIT STRATEGY ON RALLIES. I sold some over 35 and some at 33.50, I was completely out and short after they made that announcement on first quarter. You have to know your industry and your stock, inside and out, if you don't you are risking your principle with enormous losses. I was in Chimera, from $3.50 and rode it to $4.26 and collected dividends, until they announced their first divy cut, I was out of the stock in 20 mins. after the announcement, at $4.22, this thing went down to less than $2 and then recovered in the high 2's low 3's, but I never went back. There were lots of warning signs, divy cuts, etc.........you have to take action yo can't be greedy..

 
AGNC
23.02+0.12(+0.52%)Oct 24 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.