Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 24, 2012 2:45pm
299 Views
Post# 19443030

flickering light bulb

flickering light bulb

(that's me).

Sham: you said:   "will reduce debt to more manageable levels and with a rising oil and liquids portfolio of plays to help diversity away from NG produciton" 

Q 1:  When will the debt be reduced, and to what levels?

Q 2:  What percent of the portfolio can be attributed to oil and liquids?

 

But i have to agree with the Raven: he has it pegged accurately..

Most stocks are so bad today (due to Europe crisis, and probably the thought of Obama getting in to print more money again)  that even my blue chip oils are down. 

Makes a person wonder if if all the markets will suffer a mini depression, half as bad as the last one.  Certainly, that is what the New York guys like: they make their money on ups and downs, and puts and calls, shorts and covering shorts; they don't make money on a stable even market.

So, other than PMT, no-one has any serious great stock picks here: that tells us how confident we are of the markets !

Bullboard Posts