If there is no dividend raise or no special dividend as a minimum the stock is going down to $45 ~ $47 level. I will become a buyer when that level is reached.
One has to look at the last statement made by management. You are not going to base your investment on management statement. I am relatively new to this stock. Does management has a good track record?
I think it is related to long term slide (or stablization) of energy price. It is unclear the effect of the newly "discovered" domestic energy to the energy MLP.
Dropped 4%+. Not impressive is an understatement. It is a bad quarter. Guidance doesn't provide good news. I am surprised with its distribution increase and the statment of "pleased" with the quater.
The buy recommendation is based on fundamental or technical? Technically I don't see it is as oversold. Fundamentally I don't know if the negatives (refinacing...) have wroked into the price yet.
Double up could be a good idea. Two questions have to be cleared. 1st, how low the divident could go? For me, a sustainable 10% divident is good enough. 2nd, what is a good entry point. With divident in doubt the price won't be stable until the next earning.
I know they are in the dog house. Is that related to bond selling or has its own reason? Are we going to see the divident cut or reduction?
Investors are totating out of the bond-like investment such as the NYMT. If the company can keep the divident the selling will eventually go away. Anyone has experience with the stock when the bond is unfavored?