If your window of investment is 1 year, no hold and wait until NYMT drops to $6. If you plan to hold this stock for 5 years or more, yes I would buy at this level. NYMT will continue to trade in the $5.90 to $7.50 range. I have had this stock for three years and plan to hold for another 8 years.
Keep buying under 6.85. this stock is way under priced . Where can you find yield of 15-19 %. I bought a bunch at 6 so have a 19 % yield. Look @ the financials Profit margin76.5% Operating margin 77.1%, Roa8.1 .Roe15.7 Earning growth 132.4%. Revenue growth 101.8%. Cash on hand 214.94 m. do your own research.