Replies to post #203396 on The Golden Lounge

[Buckey]

I just may have pulled a massive Horseshoe out my ass.

AGM not participating in rally. Those recent buys 4k at the ask are mine at 3.66 thru 3.68

AGM reports
WASHINGTON, May 12 /PRNewswire-FirstCall/ -- The Federal Agricultural Mortgage Corporation today reported first quarter net income of $33.5 million, or $3.31 per diluted common share. This compares to a net loss in fourth quarter 2008 of $61.1 million, or $6.03 per diluted common share and a net loss in first quarter 2008 of $8.3 million, or $0.84 per diluted common share. First quarter 2009 net income was primarily driven by gains on the values of financial derivatives and trading assets, offset somewhat by further provisions for losses principally related to credits in the ethanol sector