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New York Mortgage Trust Inc. Message Board

ehlach721 1 post  |  Last Activity: Jun 21, 2016 9:02 AM Member since: Feb 5, 2002
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  • Reply to

    yesterday

    by wnlsworld Jun 21, 2016 7:14 AM
    ehlach721 ehlach721 Jun 21, 2016 9:02 AM Flag

    Mr. Market playing games. Yes it was xdiv day so $.72 would have come off of the previous closing price but everyone thought they could still get the dividend buying on X date. When they found out they were a day late then they all sold; very much overdone but they wanted to own it at a lower price because they missed the dividend. Should go up from here till earnings. This happens quite frequently in the markets.

    Sentiment: Buy

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