This POS is totally bearish, get out while you can! Look at the chart!
http://www.stockta.com/cgi-bin/analysis.pl?symb=CIM&num1=577&cobrand=&mode=stock
It's based upon the "photo" accounting at date end of year, which is understatement of CIM, wherein NLY hold 8 million shares and provides oversight.
Dear Totally:
You need to read books by Charles D. Ellis, the investment penseur. He is excellent.
You might also find, on Gurufocus.com, the article by Charles Brendes "What We Believe."
Here is something intersting. Every "guru" on the site you recommended to the "basher" has CIM at either "reduce" or "sell". What do you have to say about that?
One way to control risk is to have a small position in VXX. Then you can hold CIM and collect the dividends. Another interesting holding for this time is RRPIX. Investors made gazillions after the great depression, by buying puts on treasuries when interest rates began to rise. RRPIX is a way to bet inversely on treasuries.
Have you taken the time to view the recent insider trading reports. Unless the insiders are complete morons(which, in American corporations, is entirely possible), their recent purchases on the dips, along with the hefty dividend, makes this a screaming buy.
that [age does not know how to quantify a REIT, which is not a traditional stock, pays a yield that is not characteristic of a corporation, does not get taxed like a corporation, and for so many other reasons.
Spam much?? Welcome to ignoreville... Population many
About time I got someones attention! This board is as dead as it's stock!