Archive for October 1st, 2008

Day Trade Alert: Unbelievable Move at Aggie Mae (AGM)

Federal Agricultural Mortgage Corp. (NYSE: AGM) , or Farmer Mac, is seeing an almost unreal move up this morning. The company has been against the ropes and is down over 80% from highs.  This morning it sold $65 million in preferred stock, but as we noted at 24/7 Wall St., it comes at a very [...]