NFI has been a favorite target for shorts for quite a while and today�s report has unleashed a huge short attack. IN fact the recent runup of NFI had left many shorts on the verge of callapse and even with the decline more are under water than above. This has happened before and if you are dividend seeker it really is a buy opportunity.
My two major income stocks are NLY and NFI. Both have natural volatility that make then attractive for shorts. If you are in for the dividend and holding long unless the company completely falls apart, all will be well--especially if you are dripping. Down means more shares when it drips, up means higher pps and higher total assets.
Right now NFI is becoming a good buy now that it is down around $50. If you hurry you can get the special dividend. I believe you have to buy by Dec 27.
I stand strong with NLY and NFI and love the dividends.