You bulls just can't handle the truth. A real pro would have sold everything when it dropped a few pennies below 20. I say it now goes to 14 in 2014.
Ha, 5 quick negatives on my honest post tells me it's going lower since there are way too many bulls in this. It's got to wash out much lower before a rise can start.
This stock is going lower due to interest rates rising, that is the bottom line and the message from the market. $18 is a no brainer!
When earnings go down, stocks go down, it's that simple people. AGNC is going down in 2014 so it's best to sell now for the tax write off and buy back lower. It's a no brainer!
No, AGNC has not run it's course my friend! Did you forget what GS said, and they control the REITs. "Goldman Sachs (GS) stating: “Dividends have already been cut 22% by NLY and 36% by AGNC since 1Q13, and we expect additional cuts of 40% over the next year, in-line with our projected decline in earnings.”
Wakeup people, with rising rates, AGNC must and will delever. It's going to be painful, but more divi cuts are on the way. 7 times leverage is an awful state to be in!
The trend is your friend and has been for some time. Again, this stock has extremely strong resistance at 20. The leverage of AGNC will continue to unwind along with the price of the stock. It would not be surprised to see it go to 15.
Told you a cut was coming. You can look forward to more cuts as AGNC continues to try and delever. The yield will continue to drop because they are so massively levered up to interest rates. A rising 10 year will make life miserable for AGNC. No brag just fact!
This sell off reminds me of a famous quote from proverbs which says, "speculators end in poverty, but slow steady plodding brings wealth". Appears there were many, many speculators in this stock!
Remember bulls, Goldman also has some ocean front property to sell you in Arizona. The big boys appear to want to take it down in the 18's, just like Goldman says.
Also, this stock is very dangerous to own below 20 from a technical standpoint. I would not buy it until it can prove it can retake the ground at 20. It could go to 15 before it goes back over 20!
I say it will be hit the day of the FED announcement. That is where GS will be buying for the short term. Then start unloading. They are the best Wall Street crooks money can buy.
As I said, it's straight down from here due to the big boys selling. Price and volume action say this stock is going much lower.