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More on American Capital Mortgage (MTGE) Q3 earnings: Net interest spread of 1.88%, down from...

More on American Capital Mortgage (MTGE) Q3 earnings: Net interest spread of 1.88%, down from 1.94% last quarter. Average yield dipped 16 bps, but cost of funds declined 10 bps. CPR rose to 6.7% from 4.7% last quarter, still a fairly low level given the refi boom (manager AGNC had its own low 9% rate in Q3). On stock repurchase: "The market has tried to asses and adjust to the impacts of QE3; we have experienced volatility in the price of our stock." (PR)
Comments (3)
  • You 'experts' are gonna choke on your numbers. Look, just buy a good stock, (fairly easy to check out on your 'puter), and keep it while it pays more than 10% dividend, and if the price falters keep it as long as you are not losing money net. Allow yourself a 5 - 10% loss before exiting and trying something else. If your profits are above 10%, let it ride. As your income drops below 10%, begin a defensive watch, or put in a stop loss.

     

    In any event, don't let the price or dividend flutuations bother you. Forget listening to the constant doomsayers, and go with the fundamentals.

     

    Remember your objectives of income, and dividends, and watch your minimum happiness level. Set it like a trigger, and the value of your purchase drops below your 'trigger level' then sell, until it does, HOLD. and that is that!
    Capt. Brian
    The Lost Navigator
    31 Oct 2012, 11:07 PM Reply Like
  • what's this about !?!?!
    agnc.................o...
    IS IT INCEST ?
    WHAT DOES 1$ - $1.60 PER $1000 mean ?
    I'm new,and been "in" @ $34 (too much)
    I thought I read some good stuff today, but now ...........
    I......Capt Brian.......I think I liked what you had to say
    well....I'm holding too. Hope to read more of what you have
    to say in the near future,

     

    d.p.
    1 Nov 2012, 02:33 AM Reply Like
  • I am waiting for the election. I have sold out most items, keeping some token things thru thick and thin, like SIVR and SLV. Pared back my REIT holdings about 90%, still have 1300 CIM and short the E$ with DRR and EUO, The Euro dollar is in a distinct downtrend, and it is like watching grass grow, but looking at a long term chart, the E$ is dropping, getting lower highs and almost lower lows. Which I see as a floor that the people whose life revolves around the E$ being 'up', can keep it up, but with the economic situation worsening in Europe, and I perceive here also, although TPTB say we are recovering, [I don't believe it looking around at all the empty store fronts] that we also are hurting and the recovery is 'in name only'.
    I still feel the REITs are the best place to be, but I am hoping, [while missing dividends] to get back in post election.

     

    My picks in this order are, (if you are totally out or just beginning investing) to be in DRR, EUO, SLV, SIVR, AGNC, NLY, FAZ(if Obama wins) and long equities if Romney wins))
    Whomever wins, be in PM's [precious metals] Ag first, then Au, then Pd then Pt. I may like Pd 2nd.

     

    I am very close to suggesting VERY strongly a big position in PM's

     

    Capt. Brian
    The Lost Navigator
    1 Nov 2012, 09:56 AM Reply Like
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