Angc

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  • rayh78
    Junior Member
    • Jun 2009
    • 5

    Angc

    Any opinions on ANGC.
    Should have sold last week but waited to long and big drop today.
    Stay the course?
  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    #2
    Originally posted by rayh78 View Post
    Any opinions on ANGC.
    Should have sold last week but waited to long and big drop today.
    Stay the course?
    I've never even heard of this stock..does it exist?
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

    Comment

    • rayh78
      Junior Member
      • Jun 2009
      • 5

      #3
      Originally posted by mrmarket View Post
      I've never even heard of this stock..does it exist?
      sorry

      AGNC

      Comment

      • Deaddog
        Senior Member
        • Oct 2010
        • 740

        #4
        Do you want to trade or invest?
        Long term or short term?
        It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.

        Comment

        • rayh78
          Junior Member
          • Jun 2009
          • 5

          #5
          Originally posted by Deaddog View Post
          Do you want to trade or invest?
          Long term or short term?
          Investment for about 5 years

          Comment

          • Deaddog
            Senior Member
            • Oct 2010
            • 740

            #6
            Originally posted by rayh78 View Post
            Investment for about 5 years
            It pays an above average dividend. 2 things are likely to happen, one good , one not so good. The dividend will be cut to bring the % return to average or the price will appreciate to get the dividend to average.
            The way price is falling, the market seems to favor the first option. But then the market is usually wrong, except for the times it isn’t.
            Betting on something 5 years in the future is pure gambling. Might as well go to Vegas.
            It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.

            Comment

            • mrmarket
              Administrator
              • Sep 2003
              • 5971

              #7
              I owned AGNC for a while...collected 3 dividends but I didnt like the recent price action and sold it. I broke even on the stock, but did get 3 nice dividend checks!
              =============================

              I am HUGE! Bring me your finest meats and cheeses.

              - $$$MR. MARKET$$$

              Comment

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