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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 theancienton Dec 13, 2015 11:15pm
113 Views
Post# 24381774

RE:more arithmetic

RE:more arithmeticAfter 13 trading days the VWAP is about $0.18, if the next 7 days' voulume is 5.7mln shares @ $0.10/share, we can get a VWAP of $0.14, with a margin call anythng can happen except the upside, LOL.
If the VWAP is $0.14 at the end of Dec. 22nd., the next day on the 23rd the "shares" might go for $0.04 or less, the "rights"  will go for $0.035, if the "shares" go up to $0.05 (outside chance), the "rights" can go up to $0.09, LOL., If hell suddenly starting to snow, the "shares" will go up to $0.06,
wow, the rights will be worth $0.13, LOL,
But, if the shares change hands at $0.03, with a VWAP of $0.14, the "rights" is worth ZERO, LOL  if the "shares" are changing hands at $0.02, you have to pay peolple to take your "rights", LOL. that means the backstopper(backstabber?) will have it all., well,  sh-t happens, my dice is still turning, I bet you guys my donuts for your dollars, the sick-puppy is going to bark his heart out for ever after. LOL, CHEERS GLTA.
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