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American Capital Agency Corp. Message Board

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  • roym717 roym717 Apr 28, 2012 8:32 AM Flag

    OT: MTGE Trade

    Hey Doc

    I'm at a double so with MTGE still being a young company with not too long of a track I'm selling half and letting the other half ride till ex.

    Like they say, Bulls and Bears make money but Pigs get slaughtered.

    Plus I love a free ride! :-)

    Gl to all

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    • Hey Roy,

      Really smart taking your own money off the table.

      Good luck to all of us on our way to 24+,


      AGNC 33+, MTGE 24+

      • 2 Replies to reits_r_us
      • Hey Jim and Doc,

        Thanks! I just couldn't stay away. With Mtge, we now how have 2 plays a quarter that are almost sure things. ;-)


      • I think I will sell my calls @ 1.50 when mtge hits $24. I know this is a little crazy, perhaps I have already lost my remaining sanity. Im feeling a little bit like Jesse Livermore, it's do or die. If I win I win. If I lose...I will start again from zero. If I die on this one, I'm going to start all over again. I would do this all over again, even if I lost every penny. Please pray for me... If I succeed for the first time in my life I will have $100k dollars. My buddies who are my age are obsessed with video games and getting laid, I find making money on these trades to be more fun and rewarding ( =

    • Hey Roy,

      Smart move. You're playing with the "house's" money on what looks to be a nice uptrend. Well done on your quick double. I know that you were planning to relax for a month after your big BMY play, but it is hard not to have a dog in the hunt (Trader's Boredom). Let's hope that Ben's right about MTGE reaching 24 in the next dividend run. The Earnings Announcement on 5/4/12 should set the table one way or another.


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