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Impac Mortgage Holdings Inc. Message Board

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  • mamabearsucks mamabearsucks Mar 23, 2010 3:49 PM Flag

    Recent Price Decline

    Yes, IMPM is still a "show me" stock.

    The folks running it are very conservative as well, and offer little in the way of guidance.

    Seems like everyone always saying "Just one more quarter..." but that is the case here. Let's see what normalized operations really do look like.

    This is a very under the radar stock, and no one believes the numbers. yet. When they do (and particularly if they offer some words about reinstating a dividend) you'll see a massive multiple expansion.

    Until then, I expect management will keep their mouths shut.

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