All Industries Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : All Industries Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Keith Feral who wrote (2656)	7/7/2011 11:03:37 PM
From: Elroy	Read Replies (1) of 13719

AGNC is a good indicator of potential price action tomorrow. Dude, AGNC is 100% a fixed income, interest rate stock. It's price action indicates zero about the S&P 500 price action. And AGNC was down 2% at its trough yesterday, while IVR was up 1%. Why is AGNC an indicator, while IVR is not? I think AGNC was down because it went up too fast (from $28.50 to $30.30 in ... two weeks?). No more, no less. ARR is rallying well nicely as well ($7.30 to $7.60 in two weeks, that's 2.5 quarters of dividends right there!), but if it pushes much above $7.70 watch out for a secondary. I've missed the ARR and AGNC runs due to trying to time the secondaries, but at least now I've got cash to buy these guys (or IVR) the next time a secondary is announced.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next