if you add the dividend income in not yet declared, book is about 0.55 to 0.65 a share higher than even that.
mbs up, stock down again. book value is about 24.50 to 24.90 per share right now despite the move in rates. reinvestment spreads are better and prepayments have slowed. 0.80 dividend is coming.
Thanks - AGNC should get a nice pop when the 0.80/share dividend is declared. I do not believe they will cut it.
That's a good story... perfect time to buy it.. AGNC NAV is only down about 2% from Q3 end.
bumped it up by 78 shares lol. Should have just done that in the first place. I have 20,000 AGNC now.
i guess no one told AGNC that MBS prices were up 10 ticks today on the 3.5 coupon...
BUY IT MAKE MONEY.
The new mreits won't have the same discount to book. It doesn't matter if they are new or not.. NAV is NAV.. and you can always sell assets and replace with higher yielding ones.
i didn't lie. Give me your email address and I will send you a copy of both trade confirmations.
was pulling a reik-reik lol. mitt should get a nice bump tomorrow vs other mreits.
yes i liked MITT a while ago. Funny thing, i ended up with the same number of shares of MITT that i had before because even though MITT's stock price outperformed AGNC, my hedges on AGNC gave me enough money back to almost exactly get my original shares back lol. Don't worry.. after NFP tomorrow I will probably switch back to AGNC if AGNC sells off more than MITT and savings from swap to hedge up.
Not bad.. MITT has much lower rate sensitivity.. only reason MITT dropped 3% in Q3 was to reposition the portfolio when MBS was lower than at the end of Q3. $19.52 AGNC SELL, $15.30 MITT buy.
yes i missed that one =( But at least mbs and treasuries are not down by much. NFP i think will be 240k.
12/04/2013 15:31:17 Sold 190 AGNC Dec 6 2013 20.0 Put @ 0.7 $13,145.70
Some withdrawals from bills came in and i guess that's why it showed up at cash + $12,891.68 on the day. So reality was i got $13,145.70 from the sale of the puts.