Crazy price action lately in AGNC. When it gets near $33 you know there's a SPO on the way. We'll just have to see if this one is truly the best MReit out there. Maybe management CAN pull a rabbit out of the hat and maintain the div.
"When it gets near $33 you know there's a SPO on the way. "
Welcome back to the world of the wakeful, Rip van Winkle. Did you enjoy your 18-month nap?
They did a SPO because they could do it accretively and make money with the proceeds.
There are no magic numbers at which they pull the trigger.
Hey moron. Check the prices at which they did their last few SPO's.