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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (5076)	2/14/2010 1:47:13 PM
From: Beobe	Read Replies (1) \| Respond to of 10065

I sold my gnma's. Not much (if any) upside from here. I was reinvesting the dividends but didn't really want to buy more shares at these prices. I always figure that if I wouldn't 'buy' at a certain price, maybe I should 'sell'. Rate (on gnma) down to a little over 3%. It doesn't seem likely (surprise) but if mortgage rates rise, or look like they may rise, gnma won't take long to drop. Since you can't sell during the day and when you do sell you don't know how much you sold for till it's over I decided to sell. Around $10.60's. Av cost per share about $10.30. You can find 2% cds pretty easy. 1% less than gnma with zero risk. That's "attractive" to me.