MFA Financial, Inc. operates as a real estate investment trust, which engages in the business of investment, on a leveraged basis, in residential mortgage assets including agency mortgage-backed securities, non-agency mortgage-backed securities, and residential whole loans. The company was founded by Stewart Zimmerman on July 24, 1997 and is headquartered in New York, NY. I bought MFA Financial. At 1.80 Thur it surged to 2.80 then fell to1.77. Friday open 2.05 ad pretty much was held down. All day. Its 1.77 now. I really think it will go up to 3 or 4 in the 6 months. To a year. Am i missing something? My question is should i dump if it gets to 2? Or buy more at 1.77? I have like 600 into it. May put another 500? Thanks for your input.
The main question is why was it being held down? It had a bunch of sells a penny a part. It was purposefully held down. WHY!