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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 shambano1on Jun 07, 2016 10:33am
237 Views
Post# 24941380

PMT to hit 2.00 by end of june/2016

PMT to hit 2.00 by end of june/2016my december 2.00 target was moved to september a few weeks ago but now I am moving ti to end of june 2016 if not sooner.

there appears to be buyers for this undervalued stock and as NG prices and oil prices continue to climb PMT is looking much better for future growth again.

it has been a difficult period for shareholders these past few years but PMT has weathered the storm, and made preparations for the future.

maybe the buyers know more about PMT's panny LEAD pilot project.

maybe a new JV in columbia with TOU will also bring in new sharesholders not worried about the past and looking to the future.

it's unfortunate that many posters on this forum had nothing but contempt for PMT and their management and for anyone that posted anything mildly positive about them.

this mnagement team was always 3 steps ahead of most other junior O&G companies and they continue to be.

I'm looking for ward to the next deal, and I'm sure it will bring in lots of cash for lots of drilling in the future.

just my 2 cents dyodd
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