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Impac Mortgage Holdings Inc. Message Board

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  • nolaloha nolaloha May 17, 2011 7:39 AM Flag

    IMPAC HDDEN DEBT- PFD STOCK

    They have survived so far, but their survival is not assured. With the "Second Dip" in housing, their concentration in California and the west, and their recent Q1 2011 loss, they are still extremely vulnerable. At present there is no "real" value in the common due to the preferred on the balance sheet.

    I will not be holding any more shares until I see some real progress. (Though I might trade from time to time)

 
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