My point is not to pay attention what that luni says. As a matter of fact you can make money going against the recommendations of his.
You think NYCB will be able to pay dividend after the merger? I too collect four years of dividends. Bought at11. Got out at the right time. Now I m short a few hundred shares .Time o move on.
100% wrong. You will never see a 25 quarterly dividend again as long as you live. The declared 25 cents is the last one. Their investment in AF will return 1.39% annual profit. That is less than a C.D.
Dead money for a long, long time. Buy BAC,instead. Chances to double your money.
Let me get this straight. NYCB will pay a total of 5.98 bil. to earn an extra annual income of 83.5 mil?.
How smart is that?
All trades for August 24...The word about the Astoria deal was passed out to big clients that day when the stock dropped to less than fifteen. BIG Wall Street Crooks.
I told you they will cut the dividend but I did not think that soon. NYCB to realocate part of dividend for the acquisition. Meanwhile BAC is moving.
There is no growth here. There are two quarters left before they cut the dividend. The reason they are able to pay that dividend is because they play around with the numbers.
Walmart has no idea how much actually loses from theft. Hundreds of customers walk out of the stores each day without having their backpacks checked.