Short and Long Term StrategiesNothing wrong with what you are doing, Shambano.
Just like the company--you do what you have to do to survive in the short term while positioning yourself for the long term. Makes sense to me.
Cheers, Arnold
----------Original Message Posted 11/18/2010 2:25:37 PM----------
it would be hipocritical of me to say I love PMT for the long run but selling my holdings in the short term. My decision to trade a small portion is a change to strategy to generate extra income of course assuming we find a bottom and then can start a slow and steady rise in SP based simply on higher prices and or deals. I think I can make up the loss of 0.02 per share per month dividend by trading it more actively, so I see buying when PMT trades down and selling when it trades higher and hopefully making some extra coins in the process. cheers and GLL