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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 abuseddogon Oct 28, 2011 9:31pm
220 Views
Post# 19191906

RE: RE: Negative Nancy returns Vol 5

RE: RE: Negative Nancy returns Vol 5

ummmm lesbian honest here.

(wow, thats one impressive insult. how long did it take to dig up that pearl)

PMT is down because of nat gas prices not because of incapable management.


(Gee, do you think. The riddels have known for quite awhile, how low nat gas prices have/will eroded stock value, and have done didley squat to stop it)

The Riddels have more money then you and your past 20 grandparents.

(Where do you keep drreaming up these jewels. What difference does it make, how much money they are worth? Do me a favour, dig up the stas on how many shares they have averaged down on and find the lost dollar value. I guarentee that you will drop a load in your depends)


When nat gas picks up so will PMT but I still do not see that happening for at least another 5 years. Their sister companies are doing very well. PMT has been grossly oversold and if you were lucky enough to ride them down then you would have a big smile on your face now

PMT is down because of nat gas prices not because of incapable management. The Riddels have more money then you and your past 20 grandparents.

When nat gas picks up so will PMT but I still do not see that happening for at least another 5 years. Their sister companies are doing very well. PMT has been grossly oversold and if you were lucky enough to ride them down then you would have a big smile on your face now

 

 You really should have read all  of  the negative Nancy reports. I have been calling this mismanged company out for about three years now.

 I have no smile on my face from people seeing there money flushed down the drain, by management that could have done several things. Item one, they should have cut the div a long time ago. That would have kept them from selling hedging and other assests. They sold these assets to keep people from realing how aggesive there mangament?accounting practises are//were.

I wouldnt be surprised to this thing go under. Then watch the riddels buy it out for peanuts, and then they will do the restructuring. Everybody else will end up holding the bag.

 

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