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PennyMac Mortgage Investment Trust T.PMT


Primary Symbol: PMT Alternate Symbol(s):  PMT.PR.A | PMT.PR.B | PMT.PR.C | PMTU

PennyMac Mortgage Investment Trust is a specialty finance company. The Company invests primarily in mortgage-related assets. The Company conducts all its operations, and makes investments, through PennyMac Operating Partnership, L.P. and its subsidiaries. The Company's segments include credit sensitive strategies, interest rate sensitive strategies, correspondent production, and corporate. The credit sensitive strategies segment represents its investments in credit risk transfer (CRT) arrangements, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The interest rate sensitive strategies segment represents its investments in MSRs, excess servicing spread (ESS) purchased from PFSI, Agency and senior non-Agency MBS and the related interest rate hedging activities. The Correspondent Production segment serves as an intermediary between lenders and the capital markets by purchasing, pooling and reselling credit quality loans.


NYSE:PMT - Post by User

Comment by ArnoldSniffleon Nov 18, 2010 11:48pm
158 Views
Post# 17728120

RE: Shambano - Short and Long Term Strategies

RE: Shambano - Short and Long Term StrategiesYou haven't heard about climate change, pinecone? It was on the news today. Polar bears are now wearing their longjohns in July, and bikinis in November. Come on man, get with the program! Arnold ----------Original Message Posted 11/18/2010 8:57:02 PM---------- >Nothing 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 <

Makes great sense. Shambano claims he was consistently wrong about the long-term movement of the stock price.
But now he is going to correct this error by being consistently right about the short-term movements of the price.
Shambano must be a contrarian NG trading genius - hang on to your NG stocks in summer, sell your NG stocks in early winter. 
 
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