Joseph P. Porter If AGNC is tipping its hand about a secondary offering, is it doing it way too soon? > 4% drop in price in one sitting.
9/19/12
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DaLatin: Waiting for a wave of secondaries at these high prices.. Patience
9/19/12
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DaLatin: Remember RNF switch ? Another 52 weeker 2day.. And same yield as NLY now
9/19/12
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Joseph P. Porter: Not sure. RNF looks good, but not sure where to pull the money from. Used NLY proceeds to get AGNC before ex-div. Will see what happens.
9/19/12
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DaLatin: Waiting for a secondary of AGNC.. Last time I bought on bot selloff down to 30.50. 4 days later it was back to 35
9/19/12
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Robbster: AGNC looks resillient, as secondaries go directly to asset purchase > drives book, which is the primary component of share price for mREITs.
