Thornburg Mortgage, Inc. (TMA)

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The Company is a single-family residential mortgage lender that originates, acquires and retains investments in ARM Assets, thereby providing capital to the single-family residential housing market.

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Avatar rhallbick (29.48) Submitted: 5/06/08 8:34 PM : Start Price: $104.00 TMA Score: -57.80

So far my plan is working perfectly.

Step 1. Knock the price down 97% from its high to flush out the weak holders.

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Avatar DeerHunter73 (< 20) Submitted: 5/07/08 10:21 AM

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well im not running i currently hold 8000 shares . This morning 05/07/2008 i bought 10000 more when it hit .75...........Let see what happenes in june!!!!!! HUGE risks but IF they stay in business ill sit back and collect!!! Then ill pay my mortgage off

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Avatar DeerHunter73 (< 20) Submitted: 5/07/08 10:39 AM

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Here's how I look at it realistically. IF the votes are not passed tma is done there out of business and another one taking down by the credit crisis.
NOW on the other hand. The votes are enough and everything gets approved. MatlinPatterson would receive $1.35 billion in senior subordinated secured notes and an option to purchase common stock for 1 cent per share as part of the financing arrangement.
WE ALL KNOW THIS. here's what to look at. Yes there stock will drop to nothing. BUT tma will go back to doing loans making money and stay in business. WITH that in mind there shares will go up once they announce everything was passed at the meeting that's a givin. THE big players /heavy hitters " BULLS" will come in and tare up there stocks on the buy causing there value to skyrocket. THEN MatlinPatterson would probably sell some of there's maybe half of course causing there stock to drop again. ONCE again the bulls would hit tma causing them to go back up again this time tma would most likely stay up at a decent price from starving of bankruptcy. Which for them would be between 5.00 and 10.00 a share. That would be a miracle for them to accomplish that. Yes its possible just going to have to wait it out. HOW long can you wait is the question.. Honestly what do you have to loose at .75 a share now anyway. You buy 10000 shares at .75 your out 7500.00 if they go out of business. They stay in business and no you wont retire on the investment however you will reap amazing profits that's the buyers who do come back to tma will be buying at 3,4,5,even 6.00 a share and more. Causing there value to rise while your sitting on .75 purchase price. that at 10.00 a share would be 92,500.00 PROFIT! ID take that anyday for a 7500.00 investment!!!!

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