DSX Lover

Thornburg's a Huge Bargain After Monday's Crash

Deal of the Century below $2 per share in Afterhours.

Thornburg Is a Great Buy on This Dip

I totally agree. The changes in the Fannie Mae and Freddie Mac limits, raising the caps on individual mortgages, and the cuts by the FED will also help Thornburg's Premium Jumbo Loans, and will increase the company's liquidity and profitability. Thornburgh's Credit portfolio is excellent, and the company is selling below book value. With only Capitalization of $2 Billion, the company could easily be taken over by overseas Cash, Like Barclays (BCS), or ING, even the local JPM. The two foreigners have excellent capital ratios, very limited exposure to Subprime, which has almost been written down entirely off their books, and excess capital to invest in a Market were the news are far exceeding the actual situation of it.