AGNC Investment Corp (AGNC)

[big-yank]

Thanks, johnsyn. I really like this sector which I have traded in and out of for many years. I'll probably be back when the gamesters move on and find a new cadre of victims. The action of late with mReits is reminiscent of the destruction of the ethanol market, a few years back. Big money and big oil joined forces to crush a promising, fledgeling industry that almost totally collapsed under the assault of major market movers. $ billions were pillaged and thousands of great jobs were lost.

Then the pundits and talking heads on CNBC moan and lament the exit of many investors from the stock market. Contributions to 401K (and similar plans) moved out of stocks to bonds after 2007, and most remain invested there despite paltry returns below the rate of inflation. Ghouls on Wall Street come out 12 months out of the year, not just at Halloween.

GLTA.