Don't you think the early announcement of the divvy has more to do with an attempt to offset the negativity of missing the projected deadline for quarterly earnings than being a show of confidence? It's tough not to add that into anyone's subjective due diligence as well as their hard analysis... Nevertheless, I will take the divvy and continue to believe that housing will not go down forever, CIM will continue to be profitable throughout and will thrive eventually with a housing recovery.... I do throw out one question, though: Most likely higher interest rates will come along with a housing recovery. Will CIM's stock price benefit from a recovery or suffer from the effects of rising interest rates?