Jim Cramers Stop Trading Sell Thornburg
Jim Cramers Stop Trading Sell Thornburg - Personal Finance - Stop Trading - BZH - C
Cramer hammers Thornburg Mortgage, the subject of my last post. The stock dropped as low as $20.02 after the opening. I personally bought some at $22. The stock give a 12.3% yield at this price.
This stock has been lumped with the other companies having mortgage valuation problems. As I outlined in the previous post, I believe that Thornburg has conservatively managed their portfolio to avoid these problems.
More on this topic
(What's this?)
Bumps In The Road
(Random Roger's Big Picture, 8/15/07)
Tuesday's Notable Links
(Todd Sullivan's - ValuePlays, 8/21/07)
Thornburg's Surprise Second Quarter
(Mortgage REIT Journal, 8/25/08)
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