Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I have some other stocks as well. I'm just building a nice base here in MFA. I've built this position mostly from gains on other stock (OTC plays). and from the crash of last year March and early April.
Do you have it all in MFA or have you spread it out?
I had zero here a year ago, today 5,500 shares average $2.89 now. Keep it growing. just rounding the corner of just about 100 shares/quarter by dividends means.
Destroying my average though, but more shares. emoji smile
Thought so too. Glad I grabbed just over a hundred shares today. Feels nice to have new money even if it's only 3 days pay or what I could spare from 3 days pay, next week full. lol Back to the rat race.
Cant believe they are trying to take this below $4 again. I thought those days were long gone.
Congratulations on the new job. 15 months is a long time.
Well I figured a good place for my stimulus check would be to stimulate my holdings here in MFA. As I also plan to keep adding a little here and there for the next few months. Well on the other hand, it's nice to be back to work after 15 months. Might be able to double that stimulus with pay from my new job before the end of the month.
MFA Financial Announces Dividend of .075 per Share
https://www.mfafinancial.com/news/news-details/2021/MFA-Financial-Inc.-Announces-Dividend-of-0.075-per-Share/default.aspx
.10 would be great but I dont think it will impact the share price too much. MFA is a slow climber and will eventually get back to where it was pre-Covid. Which is amazing since it dropped from $7 to .36 like it was an OTC scam.
Your guesstimate of 4.50 to 5.75 is very reachable especially when most of the day-traders and Robinhood people are starting to thin out.
What would you think if MFA came out with .10 divy, where the stock price would trade at. I'm thinking 4.50 to 5.75 range. Just trying to figure out the divy payment and reinvesting it on how many shares it relates to. ty
It should be announced within the next 2 weeks. I'm guessing it will be at least .075 but hoping for .10
It'd be really awesome if they went back to the usual .20 but I wont get my hopes up for that just yet.
GLTY I think you made a wise choice with MFA.
Well I added today. I took 10k in profits from from a OTC stock and figured I place it here. Just about doubled my holding here. I'm looking around but don't see anything on next divy. date or the amount.
This stock is still doing things it normally didn't do. Large daily swings that are making day traders and shorts happy.
Earnings Outlook For MFA Financial
https://finance.yahoo.com/news/earnings-outlook-mfa-financial-152349415.html
MFA CEO Craig Knutson is set to report first quarter earnings on Tuesday before market open.
https://www.burningtheta.com/news/earnings/upcoming/mfa_q4_2020/
Rocket ship to the moon !! Buy buy buy before financials !!
Buy buy buy !! Before the boom !!! This baby will be ?? to the moon soon enough !! Buy before financials !!
Oh you are so right. I've been down that road, school of hard knocks. I told myself 10 years ago never again. lol This time around trying to be very careful. Looking at the S/S 1st and not going into the triple zeros. Actually this time staying up a little higher .05 to .25 range. trying to skip the scam Companies and finding some with real operations.
Yeah penny plays are wicked. They can literally make or break you. I've seen people lose everything and others have become millionaires. They truly are like casino slot machines.
It's the reverse splits that are the worst. Accumulate millions of shares hoping for just a fraction of a penny uptick and bam! The company announces a massive reverse split and you're left with just a fraction of your original shares. Been there!
Yes I hear you, but I'm hoping to add more before that happens. I messed up this week and missed out on selling on a nice run on another stock. playing an otc mj play. was up 27k but was getting greedy. still up 10k. Was planning to take some profits from that and putting it in here. Maybe it will run again in the next 2 weeks.
I'm excited to see if the divi gets increased again.
NYMT went to .10 last round and these two seem to mirror each other.
ADDED here today with my divi. payment. hope it's a right decision to do.
well Today is better back to climbing. I'm not to concerned for I bought in from $1.00 to $1.64. Wish I had more cash on hand back then.
I'm a little surprised this kept dropping today.
I was hoping we'd be at $4 and slowly climbing.
Just like $3 was, getting above and staying above $4 is a struggle.
I think day traders/Robin-Hood are causing the volatility. Something this stock didn't have a lot of a year ago.
MFA Given Average Rating of "Buy" by Analysts
https://www.marketbeat.com/instant-alerts/nyse-mfa-consensus-analyst-rating-2020-12/
BTIG Research rated MFA “a Buy”
https://bovnews.com/2020/11/28/mfa-stock-btig-research-recommends-to-a-buy/
Looking forward to that and to see what this dividend will be. I'm guessing .075 or .10
MFA and NYMT seem to mimic each other.
GLTA
That will tighten up the float the share price should rise accordingly on that alone...
Authorized share buyback load all you can at these prices...that’s all I can say...
MFA Announces Third Quarter 2020 Financial Results
https://www.mfafinancial.com/news/news-details/2020/MFA-Financial-Inc.-Announces-Third-Quarter-2020-Financial-Results/default.aspx
Last chance to get in below 3.00.. serious buying starts next week IMHO. :)
Anytime this gets to $3 it gets knocked down and has to fight weeks to get back up.
MFA Plans Live Webcast of Third Quarter Earnings,
Thursday, November 5, 2020, at 10:00 a.m. (Eastern Time)
https://www.mfafinancial.com/news/news-details/2020/MFA-Financial-Inc.-Plans-Live-Audio-Webcast-of-Third-Quarter-2020-Earnings-Conference-Call/default.aspx
* * $MFA Video Chart 08-24-2020 * *
Link to Video - click here to watch the technical chart video
Nice average. You'll do great especially when we can get this Covid under control. I think this one will be a slow climb back-up, so patience is key.
It's a start, bottom line. Started buying on 3/31 overall $1.64
Even a blind squirrel gets a nut: MFA declares a dividend of $0.05 per share of common stock. The dividend will be paid on October 30, 2020 , to stockholders of record on September 30, 2020
MFA: Live audio webcast Thursday 08/06/20 11:30a.m.
https://finance.yahoo.com/news/mfa-financial-inc-plans-live-161200129.html
Groundhog day with MFA. Seems to open every morning like this.
Followers
|
45
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
765
|
Created
|
02/10/08
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |