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Chimera Investment Corporation Message Board

  • tommustric tommustric Jul 1, 2011 1:49 PM Flag

    CIM reverse split maked "CENTS"

    While the value is the same for a reverse split, CIM selling at 3.50 fail for funds that cannot hold stocks under 5 dollars per share. Thus, they are limited to not own CIM.
    CIM management should be called for their next board meeting to discuss the topic. What do viewers think of a reverse split for CIM?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • July,2010 CIM was <3.60, same panic, and nice recovery. Buy and hold puts you ahead nicely. Will there be a repeat this year? I'm on hold, only up a couple pennies, but if I were a gambling man I'd double up here. I think we almost repeat last year's chart. A steep climb to 4 and bouncy bounce to 4.30. The real question is if one holds past 4.30. CIM's pps was much higher not all that long ago and if it makes a true recovery this thing goes to 10 and above. Again: I'll be happy at 4.30 and make a decision there. Good Evening. FOXY.

    • Good earnings this quarter should raise the div to .15 to.17. The p.p.s.will follow right after earnings. Under 3.80 is a buy. Stock up, we're gonna get to 4 before the end of the quarter. All in my optimistic opinion. FOXY.

    • jog>"Your quarterly dividend is based on the number of shares you own"
      true, but div per share is based on "earnings per share" This is a reit, remember? - required to pay out 90% of earnings (regardless of pps.)
      I'm not in favor of 1:10 reverse split. But, just picking a number for sake of discussion, say "5", (1:5 rs), if that happened then pps would be multiplied by 5, and SO WOULD EPS. So even tho you would have fewer shares, your total invest is unchanged. As would quarterly total div.

    • It amazes me the idiotic questions and theories people come up with. RS does not work in favor of the stock holder. Play the game the correct way with CIM. Re invest your dividends. Sell covered calls. If you are called out great. Invest in another good buy or just wait to buy back in when CIM settles to a price you are comfortable with.

      I have been doing it your years with CIM and all of my holdings.

      • 1 Reply to p84644
      • Trouble is covered calls on CIM are not worth much. A covered call with a strike price of $4 way out in December will only get you a premium of a nickel per share, and if the share price drops drastically between now and December, you will have to close the trade at a loss in order to sell your shares. Likewise, if the share price takes off above $4 between how and December, you will not participate in the gain above the strike price.

    • To those supporting a reverse split: How incredibly stupid are you people?

      Your quarterly dividend is based on the number of shares you own....and you people support reducing that number? The stupid investor can not be educated,
      I suppose!

    • srmedusa@sbcglobal.net srmedusa Jul 1, 2011 3:56 PM Flag

      Worked for RAS. It's up big-time today. (was up over 10% today at one point).

      • 1 Reply to srmedusa
      • #1: This is not a $35.00 stock and never will be.
        #2: 99% of all R/S's never benifit the shareholder, only the company.
        This stock dropped for $20 to $3.50.
        CIM has the right to sell X-million shares without shareholders approval each quarter. They will keep deluting and the share price will be back down to $3.50. But you will be in at $35.00.
        Then a .14 dividend on a $35.00 isn't worth crap.Think real hard and do your math before you vote R/S.
        This company starts talking R/S and you will see smart investors jump ship and head for the hills.

    • 15. Re: Longs! You&&39;re Losing Your Dividends
      dont worry when the stock gets too low they will just do reverse splits. You know how it goes one for ten or something like that. This way it can go lower. lucent anyone remember???? How many one for...
      this has already been thought of months ago

    • never happen! unless we were to go under a dollar

    • I hope Not,

 
CIM
3.20+0.01(+0.31%)Jul 24 4:02 PMEDT

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