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$0.22 0.00 (0.00%)
10/13/2008 4:00 PM

Luminent Mortgage Capital, Inc. (LUMC)

CAPS Rating:
*

A Real Estate Investment Trust, which, together with its subsidiaries, invests in two core mortgage investment strategies.

Rating a stock in CAPS consists of three components:

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Ticker Not Ratable

LUMC doesn't currently meet the $100M market cap / $1.50 stock price minimum. (Learn More)

What the Community Thinks

Total Members

53 Outperforms
19 Underperforms
 

All-Stars

7 Outperforms
12 Underperforms
 

Wall Street

0 Outperforms
1 Underperforms
 

Members bullish on LUMC are also bullish on:

Members bearish on LUMC are also bearish on:

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Luminent Mortgage Capital, Inc. At A Glance

Current Price: $0.22
Last Trade Time: 10/13/2008 4:00 PM
Open: $0.00
Previous Close: $0.22
Daily Range: $0.19 - $0.26
52-Week Range: $0.19 - $10.78
Volume: 5,413,435
Market Cap: $9.52M
P/E Ratio: 1.29
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Stock Trends

LUMC VS S&P 500 (SPY)

News & Discussion Boards

Top Bull Pitch

Recs

0

Luminent Mortgage Capital, Inc. (LUMC)

Avatar TrueNate (< 20) Submitted: 6/20/07 10:35 PM

Nice yield, good track record, and still recording a profit. This stock is a solid one.

Replies: 1 | Reply | Permalink

Top Bear Pitch

Recs

1

Luminent Mortgage Capital, Inc. (LUMC)

Avatar jdmyrick (81.98) Submitted: 8/14/07 4:40 PM

http://blownmortgage.com/2007/08/14/luminent-lenders-declare-default-demand-16-billion/

omg; pwntxors. (translation: the fat lady is singing)

Replies: 0 | Reply | Permalink

CAPS Members

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Show Pitch Replies

Recs

1

 (LUMC)

Avatar jdmyrick (81.98) Submitted: 8/14/07 4:40 PM : Underperform Start Price: $5.75 LUMC Score: 53.11

http://blownmortgage.com/2007/08/14/luminent-lenders-declare-default-demand-16-billion/

omg; pwntxors. (translation: the fat lady is singing)

Report this Post Replies: 0 | Reply | Permalink

Recs

0

 (LUMC)

Avatar Somnambulo (94.50) Submitted: 8/07/07 10:06 AM : Underperform Start Price: $4.38 LUMC Score: 50.98

If these guys can't convince banks to start buying mortgages from them as usual, the debt load will destroy them.

Report this Post Replies: 1 | Reply | Permalink

Recs

0

 (LUMC)

Avatar yalenewb (86.19) Submitted: 8/01/07 6:02 AM : Underperform Start Price: $7.87 LUMC Score: 52.28

no way this sector out performs the market, an argument could be made for shorting almost the entire sector. Cramer advises buying puts on about every mortgage and housing play out there. But at the very least will underperofm the market.

Subprime iproblems are working up to Alt-A, market is in shambles and ppl still havent seen how far up the scale the problems are giogn to go.

Problems for real estate are giong to be huge, even if you are trying ot find the one or 2 that will withstand the blasting the market itself will overperform this real estate glut that is appraching for 2 years

you do not want to acquire these securites, and whats mroe you dont want to have them to begin with

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Recs

0

 (LUMC)

Avatar flapjackjerry (51.79) Submitted: 7/19/07 2:17 PM : Outperform Start Price: $9.03 LUMC Score: -50.56

The subprime loan debacle should not have much of a negative impact on this stock because LUM does not originate loans. Therefore they can choose to have the loan originator buy back loans that are not performing.

Report this Post Replies: 1 | Reply | Permalink

Recs

0

 (LUMC)

Avatar FarnamStFool41 (20.73) Submitted: 7/18/07 11:05 PM : Outperform Start Price: $9.15 LUMC Score: -50.50

Morgage REIT with a 12% yield

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Wall Street

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picks per page. CHANGE

Top
Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackJPMorgan < 20 08/06/07 Underperform NS $5.75-96.17%-43.06%+53.11

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