American Capital Agency IPO: Betting on the Future of Residential Mortgages [View article]
Leverage is good, right? This should be a closed end fund but it has to register as a REIT because the proposed leverage exceeds that which is allowed for funds.
Wait a month (Or however long the brokers have to hold it to keep the sales commission) and then buy it, probably at $19.
American Capital Agency IPO: Betting on the Future of Residential Mortgages [View article]
but it has to register as a REIT because the proposed
leverage exceeds that which is allowed for funds.
Wait a month (Or however long the brokers have to hold it to keep the sales commission) and then buy it, probably at $19.
Second mouse gets the cheese.