Seeking Alpha
  • piggysun
    AGNC what is the reason of the sell-off today for? high volume followed by the AH price-drop. Anybody knows?
    9/18/12
    Reply (6)
    • sector: Ex-Div date http://bit.ly/UiJ56b
      9/19/12
    • sector: Also ANGC was downgraded to $34 yesterday http://bit.ly/UiIRvK
      9/19/12
    • Robbster: I've been anticipating a "top" on the AGNC premium over book for a while, we may have reached it in the short term. >Split mREIT $ with NYMT
      9/19/12
    • Joseph P. Porter: suspicion that AGNC will offer a secondary in the near future. Sellers no doubt want to wait for lower secondary price.
      9/19/12
    • piggysun: Now I believe it is prefit-taking selloff. I don't think there will be secondary. AGNC is in good shape now --- thanks to the manage team
      9/19/12
    • Joseph P. Porter: Always a risk of a secondary, esp. with QE3. All mREITs need to build up capitalization, reduce short-term debt.
      9/19/12