I rebrought most of my NYCB shares today that I sold over a month ago. After I sold it, I realized that my take that the acquisition might not go through was just wrong. And had regrets selling in the upper 8's. Anyways brought back over 80% of my original shares today at $8.39 this morning. Yielding 8.10%. I feel they will earn about $1.30-1.45 in fy 23. I really like NYCB, Feel FV is probably in the $14-16 range, hence I think it is a excellent buy at $8.39. All is just my opinion and I could always be wrong though.
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.