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Old 08-15-2007, 12:30 PM
adios adios is offline
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Join Date: Sep 2002
Posts: 8,132
Default Re: Purchased TMA shares today

[ QUOTE ]
Thanks Adios,

I came to the same conclusion this morning about the time that the Fed made an anouncement about adding $$$'s then reversed their position. The Thornburg CEO was just on TV and while he was speaking the stock spiked up.

I pulled the trigger at $11.50 per share and am now the proud owner of my largest single day profitable trade of my trading career. WhooPee!!

Jimbo
ps: Even if goes much higher I am still happy as hell


[/ QUOTE ]

Extreme volatility in this one so it could go higher. Nice trade and I'd be happy as all get out too. To be honest more opportunities to trade in and out may happen too. Look at LEND volatility.

One thing that is ironic is that TMA at one time was the premier MReit, one where you'd except a lower yield due to the management and the nature of their portfolio Maybe it still is [img]/images/graemlins/smile.gif[/img].
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