Thornburg Mortgage Most Active Alert (TMA)

Posted in General, pre-market  by: admin
August 26th, 2008

Thornburg Mortgage Inc. (NYSE: TMA) is seeing a massive flurry of pre-market trading this morning, and this is looking like the focal stock for day traders and low-priced stock traders.  The company managed a small profit and met its margin calls, yet some reports question its chances of survival over new margin calls.  Shares closed at $0.40 yesterday and are up at $0.48 pre-market on 2.767 million shares at 8:55 AM EST.  With a 52-week trading range of $0.17 to $14.20, you know this one is volatile and has been a credit crunch victim.

JON OGG
August 26, 2008

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