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User 6812461

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  • More on American Capital Mortgage Investment (MTGE) Q1 earnings: Like sister company AGNC (also with Gary Kain as CIO), MTGE reports a big mark-to-market loss ($1.66/share) on agency MBS. Loss partially offset by $0.64 gain on non-agency holdings. Spread income of $0.62 - NIM of 2.01%, off 6 bps from Q4. Book value of $24.25/share, down 5.8% from Dec. 31. Shares -2.3% AH after 3.5% loss in regular session. (PR[View news story]
    I sold at 25.29, too many questions pending and bad press. Still hold NMM and RSO, both pay a high dividend.
    Good luck...

    Colorado guy
    May 5 09:21 PM | Likes Like |Link to Comment
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