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FramedLuxury
Jun 13, 2020 6:52 PM

STAY AWAY Short

AGNC Investment Corp.NASDAQ

Description

This is one of the worst stocks I have ever seen, it is in a continual, fast downward trend. The stock itself knows it is doomed as it's dividends keep getting cut from $.20, $.18, $.16, to now $.12. I was really excited to buy this until I looked further into it.

I would love it if someone could change my mind, very interested in reet stocks.
Comments
blakewhite
Thank you. I ONLY LOST 40 cents because I heeded your warning
FramedLuxury
@blakewhite, no problem, make sure to look at previous chat data! Never go in blind I made that mistake a few times
vlions12
one of the only REITs paying a dividend right now, may have an advantage on the others despite long term down trend
FramedLuxury
@vlions12, I actually have been getting dividends from my other REITs, such as I am and (I think) NRZ. If they stay in the same level they could be good to invest in for dividends but once they start falling, I'd pull out
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