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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 shambano1on Oct 10, 2015 8:40am
32 Views
Post# 24181917

RE:RE:RE:RE:RE:Record storage kevels going into winter?

RE:RE:RE:RE:RE:Record storage kevels going into winter?Sands if that is the case and you buy low and sell high, then you should be buying pmt now and when it was under 0.70. It will go back over 1.00 and maybe even 1.25 in 2016 giving you a nice % gain. I'm holding out for 1.50-1.75 range personally. You are valuing pmt based solely on the price of NG which I agree seems logical but is a false assumption. You need to value pmt on its diversified asset base, management abilities, declining debt load, propensity to make superior deals, and inside ownership. I'll give you a hint and I wont use my shamboner label, opps maybe I have but disregard that becuase I like you and you don't resort to name calling like others on this forum. Hint- you have not seen the end of a pmt and TOU signing deals, or forming new jv's. The fact that you are still on this forum implies to me that you want to buy pmt shares at some point, otherwise why waste the time to keep reading the trash that is posted on this board. Once you admit that you want to but pmt, then its just a question of price. 50% of making money in the stock market is buying any stock for the right price. The other 50% is buying the right stocks. I would say that pmt is in both camps right now and it will not fall to new lies by year-end. Just my 2 cents gl
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