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Re: johnsyn post# 231

Wednesday, 10/10/2012 11:22:20 AM

Wednesday, October 10, 2012 11:22:20 AM

Post# of 840
Today's action corroborates your comments. No news. S/P declining vs. broader market. They love to shake the weak hands out... meaning most of us retail traders. When it creased $36, I expected the "hit" would come any day now... as it does with every rights offering announcement.

I am not adding more to most equities at the moment, and I did exit a few mReits to finance another investment. However, I have a strong AGNC position that would have enormous tax consequences if I sold it, so I will not sell without some news or expected negative event (increase in interest rates, e.g.) which I, frankly, do not see happening. The dividend here is just too stellar to ignore or walk away from.

GLTA.
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