Replies to post #239 on New York Mortgage Trust Inc (NYMT)

[roger wilco]

With this mornings news I suspect we will see $NYMT having a very bullish day.

[TheFinalCD]

44M share offering $6 on FEB 10


this has plenty of room to run

https://ih.advfn.com/stock-market/NASDAQ/new-york-mortgage-NYMT/stock-news/81717129/new-york-mortgage-trust-announces-pricing-of-upsiz

[roger wilco]

News on Seeking Alpha today!

Mortgage REIT rebound persists after updates soothe investors

Mortgage REITs continue to pull up after recent reports from Annaly Capital Management (NLY +26.4%) and New York Mortgage Trust (NYMT +48.1%) indicate that liquidity is stabilizing.

iShares Mortgage Real Estate Capped ETF (BATS:REM) gains 15% in late morning trading; the ETF sank 64% between March 10 and April 3, then recovered 18% on April 6 and 7.

Ellington Financial (EFC +69.2%) soars after disclosing that its book value per share only lost 17.5% during March and that all its margin calls were met.

Other mortgage REITs rising strongly: AG Mortgage Investment (MITT +40.3%), Cherry Hill Mortgage (CHMI +20.5%), Invesco Mortgage (IVR +25.8%), MFA Financial (MFA +30.4%), and Orchid Island Capital (ORC +25.5%)

https://seekingalpha.com/news/3559375-mortgage-reit-rebound-persists-after-updates-soothe-investors