Am I correct that the book value of CIM is approx. 3.35 per share?Thanks,RO
Yes, CIM at this price is an unbelievable deal
Can you explain? What makes you think this stock won't go lower, given that that economy is weakening, and the housing market isn't getting any better -- and may even be worsening?
yes it is
also the yield vs return for share holders.if the yield is 18% but the 24%+ in negative return meant you should sell CIM and buy other companies that give you positive yeild and positive return.
Name a couple.I have a -yield on everything I bought so far this year. Thank goodness for divi's.
yes bv is 3.35
Book value is a meaningless number to a REIT.