The see-saw, up-and-down volatility of AGNC can be avoided by buying the preferred stock (AGNCP). It has a .50 cent dividend and a lot less volatility. Of course, if some times in a blue moon, AGNC ever gets the book value questions settled and book moves upward, you'd best be in the equity instead of the preferred.
If we break through 13.30 and hold for day or two (short-term top on Jan. 30, 2014) should be off to the races. Would like to see break out on good volume, so BUY, BUY, BUY. We will probably double up at that point. Sell weak sisters and buy strength. Everyone has to house clean once in a while!
If you look at the huge negative cash flow, the long-term debt and the sea of red ink facing this company, you have to wonder who is going to lend the firm money. How much longer will JCP be able to pay its bills? It will take some major surgery and drastic changes. Perhaps the right person could restructure it under the proper bankruptcy plan, but I won't be betting on it. Sad to see a retail icon in such bad shape, but the handwriting is certainly on the wall for the once-powerful retailer. I've got to believe that the man who built the empire is having restless nights in his grave. "What have you done to my song, babe?" It's turning out all wrong.
Stop paying so much attention to the ups and downs of your position. If you feel locked in, you should get a decent dividend from this issue while it recovers. Certainly, the history of the company would say sit tight. Take a detailed look at the chart since its beginning and you will find other times when investors no doubt also were depressed. March, 2009, was a bit bleak, but the sun managed to come up once more on the shares left for dead by some. The advice offered on this board not to put over 5% in any one issue is what I have used for the past 30 or 40 years and I fully agree with that sentiment. Meanwhile, my best wishes to everyone for a wonderful holiday season. My immediate plan is to take my wife to see Walt Disney's new flick, "Saving Mr. Banks." Perhaps some of the tape watchers would do well to try to find something uplifting--you may feel a lot better when you discover that the sun also rises.
When GS analysts provide you with "free" information, the best way to use it is to bet against the "freely provided" info. When they upgrade, start looking for the exit. When they downgrade, start picking you entry point. That has certainly worked well this time, but if you will test that often with other securities, you may be surprised at your conclusions. BTW, it works with a great many other "advisors" who are so eager to give you "free" directions for your hard-earned cash. Most serious investors already know this, but there appear to be a few novices out there who believe that enormous investment houses are trying to help them succeed with their investments out of the generosity of their hearts. In the world of finance, that has not worked for a long, long time. Check with Potter in (It's a Wonderful Life). Remember when everyone else in the S&L wanted to sell, "Potter's not selling. Potter's buying!" Goldman's not selling. Goldman's buying, folks!