Investor77777
Oct 15, 5:41 PM
$AGNC Who missed out on the opportunity to go dumpster diving for shares in the
$8.40-
$8.50 range over the past two weeks because they got greedy hoping and waiting for
$8.00 or less? Look at the entire, long history of AGNC share prices and you can see how infrequently the shares have traded at or below
$8.00. It's less than 1% of the time (four months in 18 years of trading!)! If you passed up the opportunity to buy in the
$8.40-
$8.50 range in hopes of seeing
$8.00 or less, you were banking on a 1-in-a-100 probability occurrence happening again. I don't like those odds, that's why I added shares at
$8.50 and don't care if that 1% probability occurrence happens again and brings the price down under
$8.00.
1 replies