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Impac Mortgage Holdings Inc. Message Board

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  • bmj105i bmj105i Nov 15, 2011 2:14 PM Flag

    Any News on earnings?

    Up and way up

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    • We rally round the family... with a pocket full of shells. We need to follow up tomorrow. Good news on earnings. Also, FHA will probably take the bailout coming up soon and is looking to increase the value of loans it can purchase. Continuation of risk onto taxpayers and letting the little mortgage companies operate under an umbrella. Tell me if you think differently. Long IMH (still) and materials/precious metals. Eurozone bond sales/less buying by banks should continue to keep Treasuries down (have to put proceeds somewhere) and Bernanke has one more big MBS bullet if things go poorly. End of Q3 2012, Gold $2,200 and IMH $5. All bets are off after that.

 
IMH
15.65-0.08(-0.51%)Jun 24 4:02 PMEDT