Good move. I did that when the last time pps was dropped to about 3.80, bought 15k shares more. After all, nymt is the best of REITs people can trust, I own nymt since day one, never sold a single share, with DRIP, 90% are free shares now.
if you trust those target prices, don't play stocks. I own nymt since day one, all free shares now with DRIP, nymt is the best, each time when insiders wanted more shares, they purposely push down the divi & pps so that they can grab more cheap shares. Seen that almost twice each year when they did that. Like the drop before this, pps was down to 3.80, I bought lots more.
Look, over 90% of companies in this country get some kind of frivolous lawsuits one time or another. Too many greedy people & lawyers, you just can't worry about each one of those stupid lawsuits. If you do, just don't play stocks.