You still have till March 5th to buy before it goes X-dividend.
No you don't have until March 5, you have till March 4 to own AGNC to collect the div.
Jason Your kidding, aren't you? I would buy 2000 shares at $28. After SPO probably PPS would be around $28. If I was holding any shares at current price I would sell now then buy back in after SPO.
Doc About the technicals, AGNC is touching the top of the channel. Usually comes off when that happens. Other than that it looks like can continue to go higher.
Do you like doing a Bear Put Spread 29/28 right about now?
E-Trade just posted to my account. I talked to my broker and he said E-Trade does not post the div untill they are ready some time of the day. I told him about Scott having theres being posted this morning. He said sometimes Brokers will post before they acuttaly have moved money into the account. If you need to use the money to make a trade today, he can request it to be transfered.
The only way I will be having this conversation next div payout will be only if there is a SPO and I get back in.
YBF All I know the PPS even three weeks after the SPO didn't go down. So their can many reasons why, but bottom line PPS hardly moved at all. What bothers a lot of us are waiting for this next SPO, including me and we might have to wait till next quarter and miss out on the next div.
List of the past two years for SPO's.
Notice there wasn't any in first Q in 2010
Yet there was two in 2011.
It can go either way
Tay Sorry I meant to hit the 9 key instead the the 0. They are next to each other. I now will reveiw all my posts.
I sold at $29.09 not 20.09. Thanks for catching my blunder.
There was a SPO March 21 June 22 Oct 26 one every Quarter for last 8 quarters. AGNC's web site has all that info for past 4 years. You can also give them your E-Mail and you will be notified whenever any decelaration or anouncement happens. Click on News on their site. Like Doc said this doesn't mean there will be another SPO this quarter. Hope this helps.
Doc Yes that was a big help. I checked and found out that you were right.I was only looking at the big volume day, before and the big volume, never thinking to look more than one day. I feel a lot better that I can get in at a good price. Been reading your posts. Not ready for options the way you can do them. What put would you buy for AGNC?
Porkus, tell me what happens after the 5day chart. I see no resistance which not stop more upward movement. Please give me your thoughts.
A lot of us on this board waiting for the next SPO, why because the PPS usually drops, but not always. Jan 13, 2911 the PO anouncement PPS was 28.64, the next day it went up .36 to 29.00. Does anyone have any idea why?
I also would like to get in after the next SPO, hopefully this rare occurence doesn't repeat. GLTA
Past history agnc had a spo every quarter. Unless you have a crystal ball no one can predict when the SPO is coming. Odds have it will come and you won't know how much pps will take place.
AGNC is the only reason I am up year 2001. Interest rates probably won't go up for a few years, which will have AGNC continue to make money for all of us who either trade this or hold for that 20% div.