Something called a "politician" got in the way of my plans. I was going to take my cap gain instead of the div. But the gain evaporated. Now i get to pay tax on the div. At least it will be at a lower rate. Am i lucky or what!!
Even though cys cut their div to .40 they also declared a special of .52. I'd say that made up for the cuts. The market loved it for a few days and then the gloom and doomers started selling.
the fact is that the market still doesn't believe in these mreit's. Every time the tresuries sell off the naysayers get on the "rising interest rate" bandwagon and down go the mreit's. Now the bears are attacking arr and warning everyone that arr will cut their div too. I hope arr does the same thing as agnc and maintains their div. The bears might finally shut up.
Pray for the nerds in dc to get their act together on the fiscal cliff. We're trading them right now.
When cys announced its div last week the market was giddy and pushed the price up. Ever since then the price has been declining. Don't be shocked if the same thing happens to agnc.
but i love the gloom and doomers who predicted a div cut. They were sooooo confident that it would happen and wow were they wrong.
Just another jerkus magnimus bear who keeps his money in his mattress.
You are crazy. Why don't you create another false press release like you did on the cys site? You must be short cys or out of it completely. Look at the nice run up ah. I'd say the market loves the div.
I am ecstatic! Can definitely use the extra $$$$$ for a cruise i am taking. Thank you cys!!!!!!!
hope that agnc does the same.
Sentiment: Strong Buy
I got out the monday before the election. Around 7.04 because i felt that obama would get re-elected and the markets would tank. So far,i was right. i won't get the div but i have sure saved a lot of money since the debacle.