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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

Post by oldrancheron Jan 12, 2012 2:19pm
237 Views
Post# 19397445

We must face reality; and be patient

We must face reality; and be patient

Shammy posted a few days ago: "but our SP will go much higher than 1.25.      now is is a real and honest opinion on what's going on, not some cok and bull story about apple trees and cows milk, wow "

Well Shammy,  how do you like the share price now?

Look folks: the reality is there is a huge supply of nat gas that is starting to be tapped in the usa:

so that supply may bring nat gas prices lower yet.  

But quit blaming Sue.  She is working harder than any of us here i am sure;  and the job is to keep the company solvant and try to produce a little more bits of oils, liquids, etc amungst the natural gas plays  here and there to keep the company going over the next five years; after that  the share price will go up as hopefully nat gas prices strengthen.

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