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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 SandHeadson Jan 23, 2015 5:12pm
75 Views
Post# 23357694

RE:Possibly why those Hedges

RE:Possibly why those Hedges
The majority of companies need any cash flow they can get. So if the gas is available to sell, they will be selling it. Trilogy has said they will not sell their new expensive gas at this price? We'll see. Trilogy had a nice bounce of the bottom and some quick money was made in the last few days.. Not sure if it was a short squeeze or not. We'll see what it opens at Monday. But $5 stocks are much safer then 98 cent stocks. My own feeling is that PMT has had little or no volume and holders are missing big opportunities. I expect big sellers to move into this stock soon. IMHO of course.
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