Because of the uncertainty/instability of this sector, I see people grabbing their profits tomorrow from today's uptick and bailing. I have been long on AGNC for some time but no longer have the nerves for this sector. I sold today before the market closed as I was not expecting good news on the earnings; I guess I was wrong but still think things will get worse before they better (for all REITS, not just AGNC) because of the Feds wavering.
how many times do you think you can be wrong in a row? First you sold before the close. Now you are saying profit taking tomorrow? Wrong again. Why are people going to sell when we now know it's selling under book value? There will be a mad run to get in. They handled things very well and this is still over 10% discounted, even after the run up in AH. There will not be a sell off until this runs up over $26.
so u want the same republican warmongering crowd to be in charge which gave us the 2008 collapse? i think u have been in the wrong investment vehicles and r cursing Obama for ur own mistakes. As for me my diversified portfolio of stocks is hitting all time highs as Obama, fortunately keeps pulling out of self destructive wars and keeps refusing to enter stupid new ones.