Seeking Alpha
  • Mike Maher
    Drop in $AGNC starting to seem ridiculous to me, but there's no positive catalyst to get it higher until the div announcement.
    5/28/13
    Reply (5)
    • Dividend Living: Which is around 11 trading days away. 10% discount to book value could cause a rebound or at least a stabilization.
      5/28/13
    • Mike Maher: Just looked it up, $423 mil outstanding on the buyback, which at this price would be about $5 of $AGNC
      5/28/13
    • Proceed_w/Caution: Mike.. Can you elaborate on "price would be about $5 of $AGNC, for someone just stepping in to the $AGNC game? Thanks
      5/28/13
    • Mike Maher: its a typo, i meant about 4% of the stock
      5/28/13
    • Proceed_w/Caution: Thanks... Much appreciated.
      5/29/13