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unkybill

unkybill
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  • American Capital Agency (AGNC -0.2%) estimates a similar decline in book value through June 7 as that experienced in Q1 (8.6%), putting June 7 book value at $26.44. At the current price, the stock is trading at about a 7% discount to book. The numbers were disclosed in slides prepared for the company's presentation at the Morgan Stanley conference at 3:35 ET this afternoon. [View news story]
    And if it does go down to $22, mortgage your house and buy as much as you can.
    Jun 12 02:00 PM | Likes Like |Link to Comment
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