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jcmcken

jcmcken
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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]
    Unless the price goes to zero what! The problem. Assume they reduce div to 10 per cent, where will you beat it. If you need the money in next few years sell. If not hold,keep getting good divs and ride it out
    Jun 12 02:54 PM | Likes Like |Link to Comment
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