Fundamental Analysis » Thornburg Mortgage stock price pops +300%!

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Thornburg Mortgage stock price pops +300%!

I am not sure exactly what happened but the shares of Thornburg Mortgage (TMA: 1.15 0.00 0.00%) jumped 310% yesterday. And this was on a day when the rest of the market was falling by 6-10%. I could find no news on the reason for the jump but I will take a guess.
Thornburg has been having problems with creditors wanting to make margin calls on held securities even though an agreement had been reached stopping all margin calls until March 2009. These issues had been preventing TMA from completing the stipulations for the new funding agreement that will allow them to restart their lending business and get creditors off of their backs. I would guess that these issues have been resolved and Thornburg can go forward with their new funding plan.
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Original Source: timplaehn.com