Value gap closing for New York Community Bank (NYSE:NYCB)

My articles are written with the goal of owning shares for years, not predicting price changes in a few months. I don’t set target prices; I deal with valuations. I started investing in 2020 as an individual value investor looking to understand the fundamentals of companies and buy their shares at attractive prices. From May 2022 to May 2023, I worked as an investment advisory representative at Fidelity Investments. I am currently self-employed in other ventures. Part of my technique is to write the article as if it were a letter to my future self. As I follow each company, I see it as an opportunity to refine and develop my ideas. That’s why I start with caution. I wrote many Sell plays. As of March 2024, I stopped doing this and simplified my “Buy or Don’t Buy” approach. In the future, many of my articles will be Buy or Hold. I have not yet issued a Decide Buy rating on any security.

Analyst Disclosure: I/we have a beneficial long position in NYCB stock through stock ownership, options or other derivatives. I wrote this article myself and I express my own opinion in it. I receive no compensation for this (other than from Seeking Alpha). I have no business relationship with any company whose shares are mentioned in this article.

I am also making a call trade on my position in NYCB stock.

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