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American Capital Agency Corp. Message Board

  • faaqcee faaqcee Jan 15, 2013 11:28 AM Flag


    Today a few(more?) REITs are really doing well.
    Is tomorrow AGNC's day?
    It seems to work that way butthe others could come down to meet AGNC.
    I can't believe the market thinks the others are better run(re: more profitable) than AGNC to move the REIT sector up without it.

    I bought at 30.95, and might get more lower.
    Opinions and/or ideas?


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    • It seems as though my prediction(guess!) was a day early.
      I did get some shares under 31 though.
      I'd like to see 33 by earnings.
      Wouldn't we all.

      Go AGNC,

    • I bought more at 30.90.
      I see this as the bottom of the curve.
      I guess we'll see then.

    • Doc
      Do you see a similar pattern in Mtge? I bought at $23.60 right before FC agreement and have had a nice ride up. Thinking of unloading as DC is coming up and believe thatI should be able to buy back lower. However, Mtge keeps moving up incredibly towards Opex. (Sold some covered calls yesterday.
      $20 Jan's for $5.30, looks like I'll be called.)

    • Foxy ...

      Why don't you wait until the market goes lower with the debt debate? I think the chances of that are very high, although I don't know how much it will go down. I sold my NRF at $7.45 - and other stocks - this morning although I like the REIT's, and hope to buy them back lower.

    • AGNC historically has two major lows between EX dates. The first occurs 11-15 post EX, the second 30-33 days post EX. The 14th to the 18th(this week) is the first low. Historically it is the best time to accumulate.


      • 2 Replies to reits_r_us
      • I dunno Doc- I see where youre coming from on the opex perspective, but it doesnt seem to be working that way this quarter...

        The low was immediately after the EX and then the stock popped after the 'resolution' to the fiscal cliff (as though AGNC div's would have been affected by tax hikes...).

        So if anything- this week (14-18) is marking a high, not a low, and the low came after the Ex date. Although with this lethargic churn they might as well suspend trading for a couple of days until the HFTs are ready to get back to work here...

        Date-wise, it seems to me this quarter is a big deal as the earnings in 3 weeks will essentially confirm if Kain can keep the dividend or not, and putting that to rest would eliminate any speculation that 'justified' this drop in the first place

        Sentiment: Buy

      • Doc ...

        Any thoughts on the debt ceiling, and how that might affect AGNC/MTGE?

19.95-0.02(-0.10%)Aug 24 4:00 PMEDT