Beaten-down American Capital Mortgage (MTGE) sees a big buy, with Pine River Capital (they run...

|About: MTGE Investment Corp. (MTGE)|By:, SA News Editor

Beaten-down American Capital Mortgage (MTGE) sees a big buy, with Pine River Capital (they run TWO Harbors) reporting the addition of nearly 4.4M shares to its previous 1M share stake. The stock's off nearly 40% since an ugly Q1 earnings report in early May (along with sister-company AGNC) was compounded by the fast rise in interest rates since.