Sun, May 19, 2013, 7:04 PM EDT - U.S. Markets closed
down big today. making nyb yield 8.4%. 33 consecutive Qs payed out.
33 consecutive quarters of payout and NYB is still falling. Thru the heart of 2008 and still keeps on ticking. i agree fear = good buying opportunities.
geo, you are right about that.
And the last one may be their last one ever. This is only the first leg down in a 3 leg decline. This has a longgggggggggg way down till October when a seasonal bounce comes.
I will keep buying while it keeps falling. Fear=profit
Will we see $11.11 for 9 % yield
NYB, ranked top 10 in the country by Forbes.The best.
Best bank in the country.
NYB, a very conservative bank.Great business model. Great management team.