No, no, no.
One good thing…AGNC will no longer be paying fees to ACAS. Which amounted to 27 million per year. More money in the bank.
There are two ways AGNC can equal book. One is good, one is bad. The good one would be if SP equals current book or above. The bad on would be if book drops below SP, then SP is sure to follow.
Anyone think the SP will break 20 ?
I own AGNC.
Since you aren't ignorant enough to own AGNC, there is no reason for you to be on this board to pontificate, is there ?