PennyMac Mortgage Investment Trust T.PMT

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

Real Estate REIT - Diversified

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

PennyMac Mortgage Investment Trust

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Comment by CravenRaven101on Jun 06, 2011 11:42am

233 Views

Post# 18675643

RE: shorts continue to decline in June

MOST M&A metrics are based on an "average" SP over the course of several weeks... I would suggest that the NCIB is in place such that the SP can be managed within a narrow range... I mean really... with insiders selling... and the company buying... keeping the SP flat would be "relatively" (note the irony) easy... unless the trade volume begins to get crazy... (and exceeds the daily allowable company purchases.) PMT is going to be fairly flat for the next 30-60 days...

GLTA It's My opinion git yer own.

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