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Arlington Asset Investment Corp. Message Board

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  • sheetwise sheetwise Mar 23, 2012 5:44 AM Flag

    2ndary offering at $23.90

    My first thought was what the hell are they doing a secondary for?

    I really can't believe it's because agency MBS are dirt cheap. Don't know if it's the wells notice or hedging problems or what. Certainly since the conference calls are all good news and 20% ROE for the next 5 years, none of us ever thought there would be a capital raise needed.

    Trying to figure if I should dump it or not.

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