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Impac Mortgage Holdings Inc. Message Board

simonvis 1 post  |  Last Activity: Aug 25, 2014 5:13 PM Member since: Dec 29, 2009
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  • Reply to

    Continued advance

    by rview222 Aug 25, 2014 12:47 PM
    simonvis@sbcglobal.net simonvis Aug 25, 2014 5:13 PM Flag

    It is probably due to the fact that they finally showed a profit, as tiny as it was, and a very good outlook for the 3rd quarter. I am expecting a breakout quarter. Of course, the fact that Mr. Pickup bought another 175,000 shares recently to ad to his enormous holdings has also given people confidence to ad some to their positions. A lack of sellers is starting to help push up share price even on low volume. I hope we cross $7 soon.

    Sentiment: Buy

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