Chimera Investment Corporation Message Board
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More Insider buying
One of the directors picked up 100,000 shares at the offering price, posted yesterday. All good news.
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Good for him.
I just wish I knew how to play option and bought $4.00 put. Now I am settled for $2.00 March put and hope for the best. This put will wipe out my Dec dividend pay.Sentiment: Hold
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If it continues to avg at least 15% it will only take about 5 years for him to double his money. $ 385,000 x 2 = ?
And who said it's takes money to make money? -
Yes; but he got em at 3.85. Probably part of the group that got the share offering. I may buy some at 3.85 but not untill it gets there. They missed earnings by 2 cents and a share offering. I don't know what is holding it up; hot air? can't go up and won't fall down either? Has to go down and make a good bottom before it can go higher. Also, needs some words that suggest they can continue the div; I expect za cut to .16.
- 3 Replies to jrfillion
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Why did you not buy @ $3.85 It halted for an hour so you could get in I bought @ $3.86 that day!!!
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What's irritating you? The price was $3.86 for several hours on offering day. I doubled my stake. Look in the mirror. Do you like what you see?
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juicing that divi for year end!!! yowza...
- 1 Reply to joepozack
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I wouldn't say GOOD news.
I'd say SPECTACULAR news!
Of course, there's another even better piece of spectacular news coming out of recent events.
But I won't tell you what it is until the stock is over 4.50. Which could be in three more weeks or so.
I think anyone who understands CIM understands what I'm talking about.
Others may connect with me at Seeking Alpha and ask.
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Yes, very good news.
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