however, NYCB has over a 10% short position?
Some one does not like it for some reason
It all comes down to the earnings report. If they can come in with a better than expected report, (instead of the ho-hum" report they normally deliver) there will be a big short squueze.
If somebody shorts NYCB then they are the dumbos that have to pay my DIVIDEND. I would like to see the stock price go up another dollar or so, so I can sell some covered calls at a better price.
Let "someone" not like NYC. I believe in the rock solid conservative approach of this bank and the great dividend. Let "someone" else be short, but I will continue to be long.
Sentiment: Strong Buy