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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 mmoschukon Oct 04, 2013 11:51pm
136 Views
Post# 21793257

RE:RE:RE:Nat Gas storage continues to increase at alarming rate

RE:RE:RE:Nat Gas storage continues to increase at alarming rateShambles, I would be alarmed too if I had my entire pension invested in PMT, so yes, you are correct to be alarmed, very alarmed. I predicted 70 cents in the next 12 months not 60 cents, to go to 60 cents from 70 cents would be another 14% shed off your investment, although possible, I don't believe it will go there, but we have all been surprised with this company before. Lets get a few things straight here, I don't care who PMT partners with, they are not making any money, they are not profitable at all and haven't been the past several years. Secondly, I don't care that the inventory numbers are slightly below last years, they were bloody high then and continue to be high this year as well. And there is much supply sitting on the sidelines, it would be completely ignorant to put your head in the sand and pretend there isn't. Another thing Shambles is that you blab on about all kinds of potential money makers and that next quarter will be better then the last, you get disappointed everytime and then try to find some other little piece of hope to latch onto. Yet, you never do any number crunching to predict a stock price. I have crunched the numbers and my valuation is set at 70 cents a share. And yes you are correct, that is alarming, very alarming. Enjoy your weekend.
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