Confirmed this morning with IR
They could very well do the spin-off that will provide REIT part and a potential dividend. The fact that it was discussed by Wilkus shows some serious intent.
The CEO (Malon Wilkus) bought 50K shares of AGNC several weeks ago at an average price of around $32.33. I would think he knew what was coming.
I own 1K of AGNC and loads of ACAS. Not worried about SP going back up here. Not after seeing that Wilkus recently purchased 50K shares of AGNC outright.
Malon Wilkus picked up 50K shares at an average price of around $32.33 several weeks ago. I don't know if you saw that.
It was reported on IHUB that there are now 513 million shares O/S. That would be 200 million more than reported at September 30, 2012. If the dillution continues at this pace, I would be surprised not to see a Reverse Split. That would be the only way MS would be able to get the SP out of the deep hole it's in. I would suspect that if that happens, the SP would sell-off fairly quickly.