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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 mmoschukon Aug 06, 2015 11:40pm
62 Views
Post# 23996825

Here we are again

Here we are againI have come to the realization that they are many idiot traders in the world. You may laugh at Iamwcw and myself alike but the cold hard facts are the share price of this company. I agree that there is definitely a different way of expressing the facts other than what Iamwcw does however there is just stupidity on this forum with PMT. There was a conservative cashflow estimated by Sue and her team a while back based on 90 dollar oil and 5 dollar nat gas. It should not be a surprise that PMT is trading where it is given the prices today of these commodities. I said over 4 years ago that nat gas will be a 5-10 year out recovery and received much slack for saying so. However, all those bids of 1.20 and 1.40 that have been filled in the past 4 years have lost 50 percent in value with the long time holders here. This company is not a buy and hold company. Sure it looks cheap right now but this company is in for some more rough times. And seriously, please stop posting the withdrawls and big numbers etc that has nothing to do with anything in the long run. This company will continue to get pounded. I see 45 cents coming soon.
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