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Impac Mortgage Holdings Inc. Message Board

  • wobbleman47 wobbleman47 Mar 6, 2013 7:00 PM Flag

    Nice price action today

    This was on very little volume. I guess the people who don't understand the write-offs, and don't realize the company is doing very well, have now sold and moved on.

    I would imagine some fools bought at 14 without doing any DD, and sold at 11 in a panic because of the write-offs. It really isn't an efficient market, and I think longs were just given a buying opportunity.

    Sentiment: Buy

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13.40-0.05(-0.37%)Sep 28 4:02 PMEDT