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| Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB |
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01-15-2008, 10:31 PM
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Jedi Padawan
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Join Date: Jan 2008
Posts: 59
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THMR - Thornburg Mortgage, Inc- Penny Stock- Mortgage Lending Company
EDIT: This company has ZERO subprime exposure.
I thought I'd start a new thread for TMA. I backed up the truck near that low last week. Up nearly a buck since.
TMA on Groogle Finance
This company is an OK outfit. It did just issue a buttload of new shares to raise capital, so this depressed the price, but this was more than a get them over the hurdle move. I don't think they have a bunch of non-performing loans or anything that nasty, just a down turn in new business.
Last edited by BadThad; 01-16-2009 at 03:12 PM.
Reason: Changed google link for new ticker
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01-16-2008, 08:43 AM
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Super Moderator
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Join Date: Jul 2007
Location: Cincinnati, Ohio
Posts: 11,225
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Re: Tma
How much subprime exposure do they have? (yes, I'm too lazy to look for myself). LOL
Looks like a good financial play, PPS looks like 1999 levels! 
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01-16-2008, 04:32 PM
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Jedi Padawan
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Join Date: Jan 2008
Posts: 59
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Re: TMA - Thornburg Mortgage, Inc
On paper, they have no sub-prime loans, afaik. I am not sure what their non-performing percentage is. Not high.
In stock price, well it's an open market - so they have excessive market pressure due to the excessive hype. 
Up again today.
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01-23-2008, 05:19 PM
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Jedi Padawan
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Join Date: Jan 2008
Posts: 59
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Re: TMA - Thornburg Mortgage, Inc
Took a long leap closed up $1.48. Pretty nice!!! $10.03
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01-24-2008, 10:40 PM
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Jedi Knight
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Join Date: Dec 2007
Location: Salt Lake City Utah
Posts: 682
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Re: TMA - Thornburg Mortgage, Inc
Up well over 11.30 now in after hour trading....
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01-24-2008, 10:40 PM
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Jedi Padawan
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Join Date: Jan 2008
Posts: 59
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Re: TMA - Thornburg Mortgage, Inc
$10.64? SOLD!!!!!!!!!!!!!!!
Sweet.
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01-25-2008, 08:50 AM
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Super Moderator
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Join Date: Jul 2007
Location: Cincinnati, Ohio
Posts: 11,225
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Re: TMA - Thornburg Mortgage, Inc
I think it's time to play this one, I'm getting serious today on it....*exec bottom feeder mode /1* 
__________________
Disclaimer: Any stocks I comment on are my opinion only. Play the stock market at your own risk!
Bottom Plays: RIG BP BIG
SMC - THE BEST STOCK MARKET FORUM
FREE LIVE CHAT if you join Stock Market Cats
"A government big enough to give you everything you need, is big enough to take everything you have." - Thomas Jefferson
NObama 2012!
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01-25-2008, 10:28 AM
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Super Moderator
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Join Date: Jul 2007
Location: Cincinnati, Ohio
Posts: 11,225
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Re: TMA - Thornburg Mortgage, Inc
Took a small position today, may have to hold for awhile, but pretty decent bottom IMO.
__________________
Disclaimer: Any stocks I comment on are my opinion only. Play the stock market at your own risk!
Bottom Plays: RIG BP BIG
SMC - THE BEST STOCK MARKET FORUM
FREE LIVE CHAT if you join Stock Market Cats
"A government big enough to give you everything you need, is big enough to take everything you have." - Thomas Jefferson
NObama 2012!
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01-25-2008, 10:21 PM
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Jedi Padawan
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Join Date: Jan 2008
Posts: 59
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Re: TMA - Thornburg Mortgage, Inc
Fellow investor on the oil board told me Cramer was talking up TMA yesterday....
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01-31-2008, 03:27 PM
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Super Moderator
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Join Date: Jul 2007
Location: Cincinnati, Ohio
Posts: 11,225
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Re: TMA - Thornburg Mortgage, Inc
Looks like it's working, it's up slightly, but definately holding it's own.
__________________
Disclaimer: Any stocks I comment on are my opinion only. Play the stock market at your own risk!
Bottom Plays: RIG BP BIG
SMC - THE BEST STOCK MARKET FORUM
FREE LIVE CHAT if you join Stock Market Cats
"A government big enough to give you everything you need, is big enough to take everything you have." - Thomas Jefferson
NObama 2012!
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