RE:Undervalued?I think no one wants to take a chance on it until the lawsuit is decided at the Supreme Court.
but something rather interesting has happen the last 2 days. if you look at the volume over the past couple of months it has averaged between 10K and 20K shares or less, on the 19th PMT traded 374K shares and on the 20th another 389K . this is totally out of character for the stock. Now I am not saying this is a turning point for the stock, but when you look at the chart over the past 3 and 6 months, this could amybr the double bottom we are looking for and someone and "friends know something is happenning with the lawsuit that may be a turning point for the stock.
we will have to wait and see how much more large volumesgo through over the next week or so.