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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 CravenRaven101on Dec 12, 2011 1:25pm
147 Views
Post# 19313779

RE: more buying

RE: more buyingIs this the case of an insider driving down the cost  of a share at the expense of joe average? so that he/they can take control and do as they choose despite the sentiment of every day retail investors? OR is it smart money averaging down? maybe a little of both?

regardless of your stance PMT has been a no-win for investors (v. traders) for more than a year... whether it's been by design or any number of economic or strategic realities... the FACT of the matter is PMT has lost plenty of shareholder value... is an investment at this stage prudent or folley???

one thing is for sure... caveat emptor


Just specualting...

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