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To: Lord Xot who wrote (30273)1/3/2018 8:05:22 AM
From: lumpygravy1 Recommendation

Recommended By
built_ll_last

   of 34283
 
Re: Dynex Capital updated Form S-3 today........................................

"I don't think there is bad news here................................Xot"

Hope you are right! However, they don't update the registration statement just for
the helluva it. There's a reason for that action.

Dynex has already filed that they restated their equity distribution agreement to
offer and sell up to 10 million shares of DX common.

Link: sec.gov

The updated S-3 was filed after the updated 424. Thus, I remain suspicious.

From the 424:


USE OF PROCEEDS We intend to use any net proceeds from this offering to acquire
additional investments, consistent with our investment policy, and for general corporate
purposes, which may include, among other things, repayment of maturing obligations,
capital expenditures and working capital.
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