Thornburg Mortgage, Inc. (TMA)

kdakota630 (99.32) Submitted: 3/12/08 11:10 AM

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It seems your timing was as bad as mine on this one, as it's currently up another 109% today.

I still think it's going to come crashing back to earth. I just wish I waited to make my call at $3.27 (as it is right now) instead of the $1.55 I got it at yesterday.

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QuickBen (99.73) Submitted: 3/13/08 3:27 AM

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I got lucky and road this in real life money from under $1 to $3.40, annualized return of 54,750%. I got burned in caps shorting SPF at ~$2 after it bounced I realized I had made the absolute worst possible stock pick available in the entire market at that time. I now pass that dubious title to the two of you :) Now I dont short stocks 90% off their highs that are trading at a fraction of book Thats whats nice about caps ;)

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BearTrend (84.55) Submitted: 3/13/08 12:24 PM

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I couldnt put a thumb down on this stock b/c it was under 100mil. But in RL i still have a PUT on this stock to crash and burn at 50cents! Just because the Fed wants to be the Biggest land lord in the world by buying all AAA rated mortgages. The bad news is that TMA dont have too many AAA rated loans. This bandaid Bernake applied will help TMA from filing bankrupcy, and thats pretty much it!

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vessell1 (68.58) Submitted: 7/16/08 1:56 PM

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TMA still has a pulse...albeit a weak one. If anyone is going to come up from the brink of the abyss it will be Thornburg because they had a good plan to start with. None of their loans were to subprime applicants. The slide in property values is the only thing doing them in, and they may very well go under but not without a fight. And not until every investor has bled every last cent out of the value of their stock!!!!

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