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  • Don't Count on a Fast Turnaround for Thornburg Mortgage [View article]
    To Fraley, dude get out of the market. You have no clue what is driving the mortgage crisis. I bet you are totally unaware there is a mortgage crisis in Europe too caused by the same things that fueled it here. Politics whould be one of the last factors to consider when investing. You are an idiot.
    Apr 21 09:20 am |Rating: 0 0 |Link to Comment
  • Why I am Selling Thornburg Mortgage [View article]
    TMA's problems aren't about the economy they are about a busted mortgage boom. Anyone who does not know that has no business investing in the stock market. Stick to savings bonds and savings accounts.

    I will trow your comment back to you. What has Bush done to cause this mess? Don't geve me the war crap....
    Apr 14 10:42 am |Rating: +1 0 |Link to Comment
  • Will Thornburg's New Scheme Avert Bankruptcy? [View article]
    Owning 5.5% dof the commons tock does not mean your shares are worth 5.5% of their value. It means they own 5.5% of outstanding shares. It is called dilution.
    Apr 08 16:06 pm |Rating: 0 0 |Link to Comment
  • Thornburg's a Huge Bargain After Monday's Crash [View article]
    I just bought more TMAPRF. It is sink or swim time I guess.
    Mar 12 09:47 am |Rating: 0 0 |Link to Comment
  • Thornburg's a Huge Bargain After Monday's Crash [View article]
    Crud. I should have bought more TMAPRF yesterday!! It is already up $2.50 over where I bought....
    Mar 12 09:43 am |Rating: 0 0 |Link to Comment
  • Thornburg's a Huge Bargain After Monday's Crash [View article]
    I tripled up on the preferred. If it gets back to $11 I am back in the money.
    Mar 11 16:47 pm |Rating: 0 0 |Link to Comment
  • Thornburg's a Huge Bargain After Monday's Crash [View article]
    I am watching this situation close. I am NOT a backer of government intervention but if any situation begs it this one does. If the government acts I am buying some TMA preferred shares.
    Mar 06 09:33 am |Rating: 0 0 |Link to Comment
  • Thornburg's a Huge Bargain After Monday's Crash [View article]
    We are probably screwed for now. The paper backing Thornburg's loans is good. This gives the creditors motivation to call in the loans. JPM's action are legal but ruthless and will make everyone involved in the mrtgage market take notice. I think today you see a firesale of previously stable mortgage securities as investors realize the IB's are going to rape the REITs of solid paper.
    Mar 06 09:17 am |Rating: 0 0 |Link to Comment
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