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Impac Mortgage Holdings Inc. Message Board

  • davidchengus davidchengus Oct 30, 2012 5:41 PM Flag


    At under 5x LQA earnings of $2.00 per share with next quarters earnings, given the initmations of the YouTube Impac Retail Update as well as decreasing REO count, to be increasing on a quarter over quarter and year over year basis and the historical nature of the CEO to under promise and over deliver (he said that Q2 would not be profitable but yet they put up $0.050 per share) as well as it having more volume than ever of over 100k shares day, there is no way that this does not go to $30 per share in the next 3 months. I have been doing this for over 10 years and, as long as the value is there and the volume is there, all longs will be very very happy campers.


    Sentiment: Strong Buy

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